The post Weekly Crypto Hack Report: Top Hacks and Vulnerabilities You Need to Know appeared first on Coinpedia Fintech News
This week has been historically unstable for the crypto money scene, with cybercriminals taking advantage of weaknesses and penetrating accounts and organizations. Ranging from decentralized exchanges and hardware wallets to social media profiles and even entire blockchain networks, these reveal vulnerabilities while showing there are still dangers lurking in the crypto world.
Clober DEX Exploit on Base Network
A reentrancy attack targeted the decentralized exchange liquidity vault of Clober on the Base Network. It took advantage of the Rebalancer smart contract, focusing on the _burn() method; attackers stole 133.7 ETH worth over $501,000.
Cardano Foundation’s social media hack
The official X account managed by the Cardano Foundation was hacked and unauthorized posts were made. Fortunately, there were no reported losses with regards to money bu
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