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The attack marks the third time that Platypus was exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 back in July. Decentralized finance (DeFi) protocol Platypus has lost over $2 million in assets after suffering another flash loan exploit on its platform. The protocol suspended all of its pools in response to the attack.  According to the blockchain security platform CertiK, the DeFi platform suffered three attacks, with $2.23 million taken in total across the exploits. On Oct. 12, the first attack took place, taking $1.2 million from the platform. A second attack occurred hours later, stealing $575,000 worth of assets from the platform. Just a minute later, the third attack had taken place, with $450,000 in assets lost. Due to suspicious activities in our protocol, we have taken the proactive measure of temporarily suspending all pools. Further updates will be communicated to the community in a timely manner. Thank you for your patien...

BNB Chain’s proactive alert does not represent the risk level of the underlying DApp project. Instead, it is aimed at helping users in their research prior to making investment decisions. BNB Chain, the Blockchain developed by crypto exchange Binance, updated its Red Alarm list to include 191 high-risk projects and decentralized applications (dApps) currently hosted on the blockchain. BNB Chain’s Red Alarm list — which gets updated every Friday — includes projects and DApps that are deemed risky investments purely based on smart contract assessment. The 191 new projects on BNB Chain that have been added to the list are either suspected of issuing fake tokens , high or opaque tax fees or simply because their websites or Twitter handles don’t work. A snippet of the risky projects on BNB Chain. Source: dappbay.bnbchain.org The above screenshot shows a portal wherein users can scan any BSC Chain projects for risks. Out of the lot, three projects — CycGo, Piston token and Shorter Financ...

The flash loan exploiter claims they have "no intention of keeping what is not ours" and wants to "come to an agreement" with Euler Finance. Ethereum-based lending protocol Euler Finance could be a step closer to recovering funds stolen in a $196 million flash loan attack last week, with private discussions now initiated with the exploit er. In an on-chain message to Euler on March 20, days after sending funds to a red-flagged North Korean address, the exploiter claimed they now want to “come to an agreement” with Euler. “We want to make this easy on all those affected. No intention of keeping what is not ours. Setting up secure communication. Let us come to an agreement,” said the exploiter. The hacker’s most recent public on-chain message to Euler. Source: Etherscan Hours later, Euler replied with its own on-chain message, acknowledging the message and asking the exploiter to talk “in private,” stating: “Message received. Let's talk in private on blockscan v...

The co-founder of Webaverse said they somehow got their crypto hacked from their Trust Wallet during a meeting with two people claiming to be investors. The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto h after meeting with scammers posing as investors in a hotel lobby in Rome.  The bizarre aspect of the story, according to co-founder Ahad Shams, is that the crypto was stolen from a newly set up Trust Wallet and that the hack took place during the meeting at some point. He claims the thieves could not have possibly seen the private key, nor was he connected to a public WiFi network at the time. The thieves were somehow able to gain access while taking a photo of the wallet’s balance, believes Shams. The letter which was shared on Twitter on Feb. 7, contains statements from Webarverse and Shams, explaining that they met with a man named “Mr Safra” on Nov. 26 after several weeks of discussions about potential funding. “We con...