That SuperRare exploit, a $730,000 theft of RARE tokens, isn’t just another headline in the crypto news cycle. What a great, mighty, horrible, beautiful, powerful reminder that was. In the new and fast-moving landscape of DeFi, simple security fundamentals can egregiously fall to the wayside. We're talking about a flawed...
Loopscale, a Solana-based lending protocol had a recent security exploit. This unfortunate event resulted in a loss of $5.8 million, representing 12% of its total value locked (TVL). The platform, formerly known as Bridgesplit, officially went live on April 10. Unfortunately, it then became the target of a very sophisticated...
Loopscale, a decentralized finance (DeFi) lending protocol on Solana, temporarily halted its lending markets after suffering an approximately $5.8 million exploit. The protocol went live on April 10 following a six-month closed beta. It’s now leveraged by lending markets for tokens like JitoSOL and BONK. With about $40 million in...
