“Crypto Hacks” You might be hearing and reading a lot about it in the news lately. And apparently, you’re hearing “crypto hacks” because they’re happening. We have faced a lot of crypto hacks in the past few months than ever before. If you combine the loss amount of the crypto hacks which we are discussing … Read more
Beanstalk, an Ethereum-based credit-focused stablecoin protocol, was exploited on April 17th. Hackers have stolen over $180 million in various crypto assets from a Beanstalk farm. The exploiter used a large amount of Beanstalk’s native token, took out a flash loan, passed a fake governance proposal, and moved all the funds of protocol to a private … Read more
On Sunday morning, the attacker took $182 million from Beanstalk, an Ethereum-based credit-focused stablecoin protocol. According to a tweet by blockchain security firm PeckShield, the hacker took funds into various crypto assets. The funds were non-Beanstalk user assets. The exploiter used a large amount of Beanstalk’s native token, took out a flash loan, passed a … Read more