Hackers who steal from crypto platforms increasingly have a hard time spending or cashing out their ill-gotten funds, danielgkuhn writes. You'd think that'd mean DeFi exploits would slow down, and yet... Opinion for The Node newsletter
The nature of the attacks is apparently rooted in vulnerabilities found in a programming language called Vyper used specifically to launch smart contracts on Ethereum. The programming language’s core team – which was– announced that older versions of Vyper were vulnerable to “reentrancy” attacks. It could take days, weeks or months to truly understand what went wrong, though Vyper reps have said projects that use versions 0.2.15, 0.2.16 and 0.3.0 should reach out.
Hacks in the world of crypto are not exactly like hacks elsewhere. It’s increasingly common for attackers to return stolen funds, which are, by nature, always traceable on the blockchain, which can make it incredibly difficult for people to spend the tainted money or cash out anywhere without the entire world knowing about it. You’d think this would mean that attacks would be less common in crypto – but that is apparently not the case.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Curve Finance exploit has 'shaken confidence in DeFi'The DeFi protocol saw several of its liquidity pools exploited as a result of a bug in smart contracts that use versions of Vyper.
Consulte Mais informação »
Curve Liquidity Pools Exploited, Hackers Steal $24M From DeFi Protocols | CoinMarketCapCryptoNews: On July 30, a number of decentralized finance (DeFi) protocols came under attack, which led to the loss of Cryptocurrency valued at over $24 million. 👀
Consulte Mais informação »
Compound (COMP) up 9%, Here's Possible ReasonDeFi protocol Compound is on bullish run today amid concerning Curve exploitation
Consulte Mais informação »
Bond Traders Bet on ‘Nirvana’ in New Decoding of Yield CurveListen to Wall Street’s top economists and you’ll hear the same message again and again: The risk of a recession is fading fast. And yet, in the bond market, the traditional warning that a downturn is near — an inversion of the yield curve — keeps getting louder.
Consulte Mais informação »
Millions of Curve DAO tokens stolen minutes before a white hat rescue missionMillions of CRV tokens were taken minutes before a white hat mission to protect the funds was set to take place.
Consulte Mais informação »
Curve Finance pools exploited in over $24M due to reentrancy vulnerabilitySeveral stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing.
Consulte Mais informação »