Tag: Bug

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Bug in Aave V2 Polygon causes some assets to become stuck in contracts

The bug only affects the Polygon implementation, and V3 is unaffected A bug in an older version of crypto lending protocol Aave is blocking users from interacting with Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC) or Wrapped Matic (WMATIC) pools on Aave V2 Polygon, preventing assets from being withdrawn from them, according to a…
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Libra-related Sui blockchain fixes critical bug that put ‘billions’ at risk

The vulnerability was located in a file that translates human-readable code into machine language for storage. The Sui blockchain network quietly fixed a bug that could have put “billions of dollars” at risk, according to a May 16 announcement from Zellic, the security firm hired to audit the network’s security. Loss of Funds Bug in…
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Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months

As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to current statistics. This milestone has been reached within just over four months since the first Ordinal inscription was minted on December 16, 2022, at block height 767,753. In total, inscription minting fees have amounted to…
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Euler Finance’s offer to hacker: Keep $20M or face the law

The hacker committed a $196 million flash loan attack on the Ethereum-based lending protocol on March 13. Ethereum-based noncustodial lending protocol Euler finance is trying to cut a deal with the exploiter that stole millions from its protocol, demanding the hacker returns 90% of the funds they stole within 24 hours or face legal consequences.…
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Magic Eden to refund users after 25 fake NFTs sold due to exploit

Over two dozen fake NFTs were sold on the Magic Eden marketplace over a 24-hour period due to a “massive exploit” on the platform. Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit. In a Jan.…
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Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist

On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain Bridge Exploited for $190 Million Cross-chain bridges in…
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Reliably unreliable: Solana price dives after latest network outage

Solana has suffered its fifth outage of 2022, and the year is only five months old. A bug-related consensus failure was the culprit this time. The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months. A bug has knocked the…
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Polygon upgrade quietly fixes bug that put $24B of MATIC at risk

“Considering how much was at stake, I believe our team has made the best decisions possible given the circumstances,” said Polygon’s co-founder Jaynti Kanani. Ethereum-based layer two scaling network Polygon has quietly fixed a vulnerability that put almost $24 billion worth of its native token MATIC at risk. According to a Dec. 29 blog post…
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Compound crisis averted? Securing exposed COMP could be just the start

Compound protocol has placed $150 million worth of COMP tokens at risk, but a bug fix is likely to remedy the situation after giving the community a scare. As the decentralized finance (DeFi) market continues to pique the interest of investors across the globe, a few incidents have shone a major spotlight on the vulnerabilities…
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Compound Facing More Problems: More Than $140 Million in Tokens up for Grabs

Compound, one of the main cryptocurrency lending protocols on Ethereum, is facing serious problems again. According to banteg, a Yearn developer, someone called a function that moved more funds to be available for users to claim. Now, users can claim up to $140 million of the protocol’s native currency, comp. Compound is hoping users won’t…
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