A recent attack on Wasabi Protocol shows how quickly decentralized finance (DeFi) projects can lose millions when security measures are weak. On Thursday, hackers stole $4. 55 million by gaining control of a single admin key. This key, held in a wallet called wasabideployer. eth, gave them full cont
North Korea’s cyber workers have been quietly shaping the world of digital money for more than seven years. A security expert explained that dozens of popular decentralized finance sites have had these programmers working on their code from the early days of the industry. The experience listed on th
In the past week, three old DeFi projects have been hit hard, losing around $5 million. These projects were big names back in 2020-2022 but are now abandoned or no longer maintained. Some people think these hacks might be part of a bigger, AI-driven campaign targeting old contracts. Ribbon Finance
