PeckShield Warns DataDAO Users of Backdoor That Can Steal Funds

A project called DataDAO, which presents itself as a data marketplace platform, has a backdoor to steal user funds with approvals, according to PeckShield. The crypto market is currently seeing a surge in crypto scams, preying on the uninformed as the market sees more adoption. Sponsored Sponsored Data marketplace platform DataDAO has a backdoor to … Read more

Impossible Finance Loses $500,000 in Latest DeFi Flash Loan Attack

The latest decentralized finance (DeFi) protocol to join the long list of exploited Binance Smart Chain projects is Impossible Finance. Sponsored Sponsored Another day, another DeFi flash loan exploit on Binance Smart Chain. This time around, the victim is the multi-chain incubator project Impossible Finance. According to a post on the project’s Twitter and Telegram … Read more

Sherlock Aims to Protect DeFi Users From Smart Contract Exploits

A decentralized finance (DeFi) protocol called Sherlock has secured a funding round for a project that aims to protect users from the increasing trend of exploits and hacks. The pre-seed round which raised $1.5 million was led by IDEO CoLab Ventures, with participation from A.Capital, Scalar Capital, and DeFi Alliance. A number of angel investors … Read more