Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest
A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon. According to crypto security firm Peckshield, the attacker exploited a publi...
According to crypto security firm Peckshield, the attacker exploited a public burn function introduced in the latest upgrade.
The function included a bug that allowed the hacker to compromise the project's liquidity pool and drain almost $9 million worth of assets. ...
Read More: Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest
Original source
Read on CryptonewsRelated market context
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
SEC's big swing to clear tokenization path isn't likely to get resilience of full rule
Former SEC lawyers say that using its power to grant tokenization "innovation" efforts an exemption from securities law isn't as s...
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why
Ripple CEO Brad Garlinghouse went directly at JPMorgan chief Jamie Dimon on Fox Business Wednesday, accusing him of ‘intentional m...