Crypto investments fund founder says Polygon is ‘highly insecure & centralized’
Justin Bons recommended that Polygon should become decentralized, by following its State of governance report.
Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.
Binance has identified and frozen 83% of the funds stolen from Curve Finance and is working with law enforcement to return the money to users.
The U.S. FTC opened an investigation on BitMart after its operators Bachi.Tech and Spread Technologies LLC. refused to turn over information.
The front end exploit of Curve Finance has been resolved but not all DNS records have yet been propagated so caution is advised
Blur Finance developers allegedly took out over $600,000 worth of BLR from Polygon and BNB Chain, causing the token to crash over 90% in value.
Over $500k has been stolen from Curve finance as the front end is compromised through an attack taking control of its nameserver.
Nomad announced a 10% bounty as efforts to recover $190 million lost in the bridge exploit continues. So far, whitehat hackers have returned $22 million.