Sign in

DeFi Survival 101; why OptionRoom's response to the ChainSwap hack should be the industry playbook

cryptodaily.co.uk

Over the weekend, the smart contracts of Alameda-backed cross-chain bridge ChainSwap were comprised by a hacker in an attack which saw a slew of prominent crypto projects have their ERC-20 and BEP-20 tokens stolen, with the hacker then attempting to liquidate them on decentralised exchanges Uniswap and Pancakeswap.  Events such as these are unfortunate aspects of the crypto industry, which is a fact known all too well by ChainSwap; earlier this month, the platform was subjected to a separate attack which took advantage of another weakness in its code, resulting in $800,000 worth of losses.

Read in Full: cryptodaily.co.uk

Timeline of , Optionroom

Bitcoin Bitcoin
67006.4000 0.08%
Ethereum Ethereum
3124.06000 1.05%
BNB BNB
578.163000 -0.34%
Solana Solana
173.302000 2.73%
XRP XRP
0.52191100 -0.48%