BlockSec, decentralized finance platform Fei Protocol and Rari Capital are the most recent victims of cybercriminals.
BlockSec- A New Victim of Hackers
How Hackers Hacked BlackSec Ethereum
BlockSec disclosed that the hacker took benefit of a “reentrancy weak point” in Rari’s Fuse lending protocol.
Fei Protocol issued a $10 million bounty to hackers in an try to barter and recuperate a good portion of the almost $80 million.
BlockSec- What Actions were Taken Next
Ethereum- Same Weakpoint of Defi Protocol
Identical weak point has been exploited by hackers to focus on further forks of the Compound DeFi protocol.
CoinGecko information, Fei has a market capitalization of greater than $500 million, making it the eleventh largest stablecoin.
Fei Protocol- Total Net Worth
This Ethereum Loot is Biggest in History
The Fei Protocol exploit’s $80 million loot makes it one of many greatest reentrancy hacks in historical past.
In 2021, Rari Capital was the sufferer of a separate exploit, by which a cybercriminal stole $10.5 million in buyer money.
Rari Capital Exploited Earlier
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