Wormhole protocol hacked for about $323 million

A threat actor has exploited a vulnerability in the cross-chain protocol, Wormhole. It has been estimated that $323 million worth of Ethereum (ETH) has been stolen. Wormhole has been a bridge between the Ethereum and Solana blockchains. It is a bridging protocol that allows assets to be transferred through different blockchain protocols. It has been […]

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Cypher Protocol freezes smart contract after an estimated $1M exploit

Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit. On Aug. 7, Cypher alerted its 13,500 followers on X (formerly known as Twitter) that it had experienced a security incident and had therefore frozen its smart contract. The team added it is investigating the cause of the exploit [...]

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