April 2025 turned out to be a rough month for decentralized finance (DeFi). 22 Hackers hacked. Hackers stole the most ever, stealing a shocking $92 million through multiple hacks. Here at GreedyChain.com, we know that you’re serious about outpacing the competition in Web3. To be successful you need to understand...
(Insert Meme Here: Something like the "This is fine" dog meme, but with the dog wearing a crypto beanie and surrounded by burning DeFi logos)Okay, let's be real. Another month, another DeFi disaster. Since April, $92 million has disappeared into the digital ether, according to bug-bounty platform Immunefi. That's a...
$92 million gone. Poof. Same thing, from DeFi platforms in just April so far. Immunefi’s report is more than a shocking statistic, it’s bright neon lights TEA ALARMING WARNING! about what’s going on with DeFi security. That’s a 124% increase in losses from just March! Fifteen platforms hit? This isn’t...
$92 million gone in April. Attacks doubled since March. 124% increase in stolen funds. And every single attack targeted DeFi. Let's be brutally honest: the Wild West days of DeFi are starting to feel less exciting and more like a ticking time bomb. We have to ask ourselves, are we...
Alright, let's talk. Another month, another multi-million dollar hack. That’s $92 million of your money lost, poof, disappeared into the ether like so many pledges from starry-eyed DeFi proselytizers. We're not talking about pocket change here. This wasn’t some fly-by-night scam artist. This is no ordinary caper, this is a...
Criminals stole over $90 million in digital assets from crypto hacks in just the month of April 2025. This startling case was uncovered in a recent study published by Immunefi. That spike represents a 124% increase since March 2025, when $41 million was stolen. That recent spike underscores the increasing...
April may have started with showers, but it quickly became a monsoon of hacks for the Decentralized Finance (DeFi) realm. An eyebrow-raising $92 million was funneled away from their respective platforms, throwing investors and developers alike into confusion and distress over the abrupt and unexpected decision. GreedyChain.com is here to...
The DeFi space has seen its share of hacks. Now, the recent $5.8 million exploit of Loopscale is drawing a bright red circle around the critical issue of security. The Palumbo incident is worthy of greater scrutiny. It presents an opportunity to explore the inadequacies in the DeFi ecosystem and...
Loopscale, a decentralized finance (DeFi) protocol from Solana, was attacked this week to the tune of $1.2 million. The platform suffered a security breach that resulted in the direct loss of over $5.8 million. This incident represented a loss of about 12% of its Total Value Locked (TVL). This event...
Meanwhile, Loopscale — a DeFi lending protocol on Solana — has taken a six-figure hit. On April 26th, $5.8 million disappeared, consisting of 5.7 million USDC and 1200 SOL. Ouch. Undercollateralized loans were the attacker’s weapon of choice. Lending markets are currently paused, however, even though some functions have restored....
