WebNov 5, 2024 · A recent attack on a decentralized finance (DeFi) company is one such incident among many. Cybercriminals extorted cryptocurrency assets worth USD 130 … WebJul 4, 2024 · The financial impact on Cream was hit hard in such a way that within 20 minutes after the attack, the CREAM token value has dropped over 23%. Key limitations in the CREAM system: 1.
$37.5 Million stolen from Alpha Finance in another DeFi attack
WebAug 30, 2024 · Cream Finance Loses $25 Million To A Flash Loan Attack. PeckShield reported through a tweet of the new hack on Cream Finance. The blockchain security … WebOct 27, 2024 · Cream Finance suffers DeFi hack worth $130 million. This is the third time the platform will be hacked this year. Gensler proposes regulation in the DeFi sector. Cryptocurrencies have been earmarked to be the game-changer in the world of finance. This is because the assets have a lot of use cases signaling technological advancements … mystery train deutsch stream
DeFi Project Cream Finance Suffers $34 Million Hack
WebAug 30, 2024 · Cream Finance Loses $25 Million To A Flash Loan Attack. PeckShield reported through a tweet of the new hack on Cream Finance. The blockchain security company said a flash loan attack on the decentralized finance lending and borrowing protocol. PeckShield explained that the hacking came through a 500 Ethereum flash loan … WebAug 11, 2024 · Poly Network, a decentralized finance, or DeFi, platform, announced on Tuesday that it was hacked. Initially, over $600 million was stolen, making it one of the largest DeFi hacks to date. WebOct 27, 2024 · DeFi protocol Cream Finance has suffered another exploit, this time for more than $130 million. The funds stolen were mostly in Cream LP tokens and other ERC-20s. UPDATE (4:25 p.m. ET): The Cream Finance team confirmed the theft of $130 million worth of tokens in a new tweet, saying that "Our Ethereum C.R.E.A.M. v1 lending … the stand wiki