IoTeX’s newest project uses verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time. The latest product from IoTeX, a privacy-focused platform for the Internet of Things, …
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Crypto Hacks & ExploitsWeb3 Security
Another BSC Debacle: Spartan Protocol hacked for over $30M
by ImmuneBytesby ImmuneBytesOnce again we have a BSC-based DeFi protocol, Spartan, falling prey to the hands of hackers! The attacker exploited a flaw in the smart contract that governs the Spartan Protocol, …
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Crypto Hacks & ExploitsWeb3 Security
50M USD stolen as BSC-based Uranium Finance suffers an Exploit
by ImmuneBytesby ImmuneBytesBSC-based protocol, Uranium Finance, was hacked for $50 million on the 28th of April, during the platform?s migration to its v2.1 version upgrade. Yet another DeFi protocol fell into the hands of …
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Crypto Hacks & ExploitsWeb3 Security
Spartan DeFi Protocol Hack—May 1, 2021—Detailed Analysis
by ImmuneBytesby ImmuneBytesOverview On May 1, 2021, Spartan Protocol, a DeFi protocol for synthetic assets on the Binance Smart Chain (BSC), suffered a significant security breach. The hack, resulting in over $30 …
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Crypto Hacks & ExploitsWeb3 Security
FORCE flunked as an Engineering Oversight costs ForceDAO $367K
by ImmuneBytesby ImmuneBytesDid you know? Over $2B of crypto was lost in the year 2020 to security breaches and thefts. Adding another name to the list, we have ForceDAO. 4th April 2021, saw ForceDAO, …
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On April 5th, 2021, Mozart Finance suffered from a hack, a minting hack, that caused the attacker to mint over 100k of PIANO tokens and dump them into the market. Mozart’s contracted …
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?Polkadot is a scalable, interoperable & secure network protocol for the next web.? Every blockchain technology is based on three principles: decentralization, scalability, and security. Adhering to these three principles …
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Crypto Hacks & ExploitsWeb3 Security
Social tokens crash after a reported security breach at Roll
by ImmuneBytesby ImmuneBytesRoll Wallet suffered a major security breach on the morning of 14th March, costing users millions of dollars. The hacker was able to sell off various personal tokens built using Roll’s service. …
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Web3 Security
Understanding the BNB Coin & Wallet: Overview, Uses, and Audit Process
by ImmuneBytesby ImmuneBytesBinance Coin (BNB), the exchange token of Binance is now the third-largest cryptocurrency by market capitalization, after a jump of more than 100% in the last 7 days. The total …
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Post Ethereum entry into the web3 space, smart contracts rose at the top of the blockchain hierarchy, having the widest possible use cases. But, probably, Ethereum wasn’t sufficient to cater …