The post Crypto Hacks Weekly Report: DeFi and Celebrities Under Attack! appeared first on Coinpedia Fintech News
This week’s Crypto Hack Weekly Report brings to light the latest hacks and vulnerabilities shaking the crypto world. From breaches in prominent platforms to the exploitation of celebrity accounts, these incidents have created significant ripples in the community.
Here’s a detailed look at the major hacks and the countermeasures taken. It’s going to be heavy for sure!
1. Dough Finance Issues Ultimatum After $1.96 Million Exploit
Dough Finance encountered on the 12th of July, 2024 a hack joining the list of newly hacked crypto organizations. An unknown hacker was able to breach using a flaw in its smart contract and got away with about $1. 96 million.
In response, Dough Finance issued an on-chain message demanding the hacker reach out via email and return the funds to a specified address by July 15, 2024, at 23:00 UTC. The team warned that failure to comply
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