
DeFi Aggregator ParaSwap Returns Assets to Victims of Smart Contract Bug
The decentralized finance (DeFi) ecosystem faces mounting concerns over how prone its platforms are to attacks.
The decentralized finance (DeFi) ecosystem faces mounting concerns over how prone its platforms are to attacks.
Ledger claims that the funds were drained in less than two hours, after which it came on top of the situation.
A recent message that Kronos sent to the hacker shows the firm requesting that the attacker return 90% of the stolen funds.
Zunami may be the latest victim of a flash loan attack, a scheme that has gradually become the bane of existence for many DeFi protocols.
DeFi hacks have gone through the roof in recent times and many will argue that the DeFi ecosystem has proven time and again that it is indeed an exploiter’s paradise.
The incident comes barely three days after Jimbos Protocol launched its version 2.