DeFi

FBI Warns of North Korea Attacks Against the Crypto Industry
The decentralized finance (DeFi) and cryptocurrency industries are being targeted by North Korean social engineering schemes in highly personalized and convincing ways. Here is an example that the FBI is showcasing: ...

Squarespace Hacked — DeFi Wallets Drained (Imaginary Money Stolen)
DeFAIL: Cryptocurrency fans lose their worthless tokens via phishing attacks on decentralized finance sites ...
Lazarus Cryptocurrency Hacks Estimated To Be $3 Billion
Threat actors from North Korea have been increasingly targeting the cryptocurrency sector since 2017 as a source of generating revenue. Reports have claimed that the country’s ruling elite and computer science professionals ...
Browsing for Bugs: Finding and Reporting a $3M Bug in Premia Finance
How Zellic found a critical security vulnerability affecting all three million dollars worth of staked Premia Finance tokens ...

How (Not) to Create a DeFi CDP or Lending Protocol
A review of the attack landscape on DeFi borrowing protocols ...

Your Sandwich Is My Lunch: How to Drain MEV Contracts V2
How Zellic found a bug in a top MEV contract ...

Walking along the New path – Decentralized Finance (DEFI)
Decentralized financial systems have grown in recent years. But when the phenomenon gained greater transactions, cybercriminal’s motivations managed to soar even higher. A difficult- to- alter digital ledger, the blockchain keeps track ...

FAIL: Nomad DeFi Bridge ‘Loses’ $190M of Worthless Tokens
Cryptocurrency startup Nomad claimed its “optimistic bridging” protocol would “would keep users’ funds safe.” We take a closer look ...