exploit

Garden Finance Disables App as Blockaid Reports $450,000 Exploit

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Garden Finance Disables App as Blockaid Reports 0,000 Exploit

Blockaid said an attacker embezzled approximately US$450,000 from Garden Finance’s HTLC contracts on Ethereum, Base, Arbitrum and BNB Smart Chain. Cross-chain bridging and atomic swap protocol Garden Finance has temporarily taken its application offline after blockchain security firm Blockaid reported an exploit targeting the protocol’s timed hash contracts (HTLCs) on four blockchain networks. Sunday, Blockaid … Read more

Stabelcoin Libra Coin crashes 99% after $915,000 exploit reported

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Stabelcoin Libra Coin crashes 99% after 5,000 exploit reported

Updated July 22, 4:37 UTC: The article has been updated to include additional information from Slowmist on the mining method. Balance Coin, an algorithmic stablecoin designed to maintain a peg to the US dollar, fell more than 99% following a reported exploit. Balance Coin, Balance Protocol’s native stablecoin, is trading at $0.001358 at the time … Read more