Summary: On May 6, 2023, the Deus DAO Protocol was exploited on the Arbitrum, Ethereum, and BNB chains due to a smart contract vulnerability. Approximately $6.5 million was stolen by the hackers in this exploit. About Project: Deus is a decentralized, peer-to-peer infrastructure platform that allows for over-the-counter trading of digital derivatives, options…

Summary: On April 28th, the Ovix Protocol on the Polygon chain experienced an attack due to a flawed price calculation, which allowed hackers to steal approximately $2 million from multiple Ovix Pools. About the 0VIX Protocol: 0VIX is a decentralized finance (DeFi) liquidity market protocol built on Polygon. The protocol enables users to effortlessly lend…

Summary: On the 14th of April, the BeatGen AI on BNB Chain was attacked. The attack was made possible by a smart contract vulnerability. And around $14K was stolen by the hackers from the exploit. About BeatGen AI: BeatGen offers a music library, a creation tool, a community forum, and a marketplace for buying/selling…

Another day in the wild world of DeFi and Yearn Finance messes up big time with an $11 million mishap. It’s hard to believe, but it’s true. Summary: On April 13, 2023, Yearn Finance on the Ethereum chain was attacked due to a misconfiguration in the yUSDT vault. The attackers exploited…

What a great time to be in the DeFi space! Another day, another million-dollar exploit. Summary: On April 4th, the Sentiment Protocol on the Arbitrum Chain experienced an attack due to a read-only reentrancy vulnerability. The attackers exploited this vulnerability, stealing approximately $1 million. …

Oh, just another day in the world of DeFi, where millions of dollars can be lost in a flash loan exploit and then returned as a white hat bounty. No big deal. Summary: On April 2, 2023, AllBridge experienced a flash loan exploit on the BNB chain. The stablecoin pools for…

Someone found an “easy peasy” vulnerability in the Safemoon token pair and made off with almost 9 million dollars. No big deal, right? Just another reminder to double-check your smart contract security before you lose millions of dollars. Summary: On March 28, 2023, an attacker exploited an access control vulnerability in…

Oh, Kokomo Finance? Just another day in the world of cryptocurrency, I suppose. On March 26, 2023, Kokomo Finance executed an exit scam (Rug Pull) and took $4 million of user funds. They immediately deleted both their website and all of their social media profiles following the scam. Vulnerability Analysis & Impact: On-chain Details: Deployer Address…

Summary: On March 13th, 2023, a flash loan attack was launched against Euler Finance, a DeFi lending protocol on the Ethereum chain. The attack was made possible by a flaw in token’s donateToReserves function. …