Decentralized finance is at the heart of the financial future. The open-source system holds the tremendous promise of an economic system for everyone, allowing everyone to access and use financial services without the control of a powerful third party. However, DeFi is still in its infant stages and has numerous limitations. The main source of …
Bybit: DeFi Needs More Reflection & Fewer Heroes Read More »
Another day, another DeFi hack as this popular Ethereum based lending protocol suffered a multi-million dollar exploit. Inverse Finance, a lending-focused decentralized finance protocol, lost more than a $15 million loss. Sad day for DeFi Another prominent decentralized finance protocol has fallen victim to a crippling security breach. Inverse Finance, a stablecoin protocol that focuses …
Third in a week: Yet another ETH based DeFi protocol suffers a $15.6 million exploit Read More »
April 04, 2022 Every manager worries at some point that their best employees are eyeing the door. What can you do to convince your team members to stay? How do you assess whether they’re engaged? What actions can you take and conversations can you have to head off thoughts of leaving? And when a valuable …
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You are here: Home / News / DeFi / Inverse Finance Loses Over $15M In Oracle Manipulation April 3, 2022 by Lipika Deka Ethereum based DeFi protocol Inverse Finance [INV] revealed that an anonymous attacker has stolen $15.6 million worth of cryptocurrency. Detailing the incident, Blockchain security firm PeckShield, noted that the attacker exploited a vulnerability …
Inverse Finance Loses Over $15M In Oracle Manipulation Read More »