Loss

  • What Does Coin-based Perpetual Contract Mean? (Will a 1x Short in Coin-based Perpetual Contract Result in Loss?)

    What does coin-based perpetual contract mean? What is a coin-based perpetual co

    08/16/2023
    98
  • Unlock Count Token (UDT) Suffers Attack, Loses $34,000

    According to reports, according to Paidun monitoring, its community contributors discovered that the Unlock Count Token (UDT) had been attacked, resulting in a loss of approximatel

    04/21/2023
    91
  • ETH Addresses in Loss: Analysis and Implications

    On April 10th, Glassnode data showed that the number of ETH addresses in a loss making state (7-day MA) was 30618151.524, reaching a 10 month low.
    The number of ETH addresses in a

    04/10/2023
    106
  • Ethereum’s Euler Finance faces logical flaws leading to 197 million dollar loss

    According to PeckShield’s analysis, Euler Finance was used in a series of transactions on Ethereum (hacker transaction address) due to its logical flaws in donation and liquidation, resulting in a loss of about 197 million dollars. Specifically, DonateToReserves needs to ensure that donors still have excess collateral, and liquidation needs to ensure the “correct” conversion rate from loans to mortgaged assets. In addition, two hackers participated in the attack: 0x5F2… 8B8c and 0xBcA… 7c5C. Euler Finance was attacked due to logical flaws in its donation and liquidation Analysis based on this information:PeckShield’s analysis has revealed that Euler Finance, an Ethereum-based platform, was prone to logical flaws in donation and liquidation, leading to a loss of approximately 197 million dollars. The DonateToReserves feature was not ensuring that donors still had excess collateral, while the liquidation option was failing to ensure the “correct” conversion rate from loans to mortgaged assets. As a result, the platform was exposed to a security breach scheme…

    03/13/2023
    105
  • Euler Finance’s 197 Million Dollars Loss from Hack Attack Revealed by BlockSec’s Data Release

    On March 13, the security company BlockSec released data on social media, saying that Euler Finance suffered about 197 million dollars in the hacker flash loan attack, including 8877507.35 DAI, 849.14 WBTC, 34413863.42 USDC and 85818.26 stETH. The damage amount of Euler hacker attack is about 197 million dollars Analysis based on this information:BlockSec, a renowned security company, has revealed that Euler Finance suffered a loss of approximately 197 million dollars in a recent hacker flash loan attack that took place on March 13. The data which was released on social media revealed that the loss was in the form of different types of cryptocurrencies including 8877507.35 DAI, 849.14 WBTC, 34413863.42 USDC, and 85818.26 stETH. Euler Finance is a blockchain-based decentralized exchange built on the Ethereum blockchain network. Hackers carried out an attack by taking a flash loan from the exchange and swiftly exploiting the vulnerability in the contract feature. This attack allowed the hackers to manipulate prices and carry…

    03/13/2023
    105
  • A Costly Mistake: User Sells Curve LP Token for $2 Million but only Receives 0.05 USDT.

    On March 13, a user mistakenly sold the Curve LP token 3CRV with a value of more than US $2 million and only got 0.05 USDT. DEX aggregator KyberSwap published the investigation results of this event. KyberSwap said that when the user sold, only the route of 0x was successful, so KyberSwap chose the transaction path provided by 0x, which pointed to a pool with almost no liquidity, but the user did not seem to notice the reminder of the actual value of tokens obtained through the transaction and continued to trade, resulting in losses. KyberSwap: has contacted Coinbase and others to try to recover the funds lost by the previous mis-selling of 3CRV users Analysis based on this information:The world of decentralized finance (DeFi) presents a paradigm shift in the way financial transactions take place. While DeFi offers many opportunities for individuals to earn passive income and increase their profits, it also opens the door to increased risks as…

    03/13/2023
    122
  • Huobi platform bears loss of leveraged short positions, invests $100 million in liquidity fund

    According to the news on March 10, Sun Yuchen said that in response to the abnormal fluctuation of HT in the early morning of this day, the Huabi platform will…

    03/10/2023
    112
  • Phoenix Finance Under Attack, Losing 100000 USDC to Fake Token Borrower

    According to reports, according to CertiK monitoring, the DeFi protocol Phoenix Finance was attacked on March 7, resulting in a loss of about 100000 USDC. The …

    03/08/2023
    119
  • FTX Confirms the Loss of $8.9 Billion of Customer Funds

    According to reports, according to Watcher. Guru, FTX confirmed that $8.9 billion of customer funds were lost.

    FTX confirmed that $8.9 billion of custo…

    03/03/2023
    125
  • Silvergate faces financial crisis as investors and business partners cut off dealings

    It is reported that Silvergate, a cryptocurrency trading bank, said in a report released on Wednesday that losses may lead to insufficient working capital, and…

    03/03/2023
    124
  • Voyager’s Incentive Plan Backfires, Causing Huge Losses

    It is reported that Voyager lost $58 million in 2022 due to its incentive plan, which includes high-yield interest account, recommendation plan, etc. According…

    03/01/2023
    113
  • Bitbns Cryptocurrency Exchange Conceals Hack, Losing $7.5 Million

    According to reports, Zach XBT, a security analyst on the chain, tweeted that Bitbns, the cryptocurrency exchange of India, had concealed that it was attacked …

    03/01/2023
    136
  • Digital Currency Group Reports a Loss of $1.1 Billion in 2018

    It is reported that Digital Currency Group (DCG), a cryptocurrency group, reported a loss of US $1.1 billion last year due to the company’s struggling in the collapse of cryptocurrency prices and the restructuring of the lending platform Genesis. DCG said in its fourth quarter investor report, “In addition to the negative impact of the decline in BTC and crypto asset prices, last year’s performance also reflected the impact of the default of Three Arrow Capital (TAC) on Genesis.” DCG report: loss of US $1.1 billion in 2022 Analysis based on this information:Digital Currency Group, a cryptocurrency group, has reported a loss of $1.1 billion in 2018, due to the collapse of cryptocurrency prices and the restructuring of lending platform Genesis. The company has reported that the loss has been compounded by the default of Three Arrow Capital (TAC). The loss is a warning to the cryptocurrency market, and it is likely that some investors will be deterred from investing…

    02/28/2023
    113
  • Shata Fund faces $5.1 million loss due to failed EFVault upgrade

    According to reports, PeckShield monitoring data shows that it seems that the EFVault of Shata Fund was upgraded and failed four days ago, resulting in a loss …

    02/28/2023
    124
  • Beacon Chain ETH Pledging Activity Reveals Mixed Results

    According to the data of Binance Research, since the launch of the Beacon Chain (Beacon Chain) in December 2020, more than 16.5 million ETHs (worth 27.7 billio…

    02/16/2023
    119