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Hackers, scammers, and memecoin enthusiasts flocked to a huge $850 million airdrop event from Wormhole, a well-known cross-chain bridging platform, which released its native token W on April 3.
A bridge exploit targeted Exactly Protocol, a decentralized credit market on the Optimism blockchain, and it sustained damage of around $12 million.
Developers from Layer 1 blockchain Near Protocol and Wormhole Bridge are collaborating to create light client solutions for supporting cross-chain transfers…
Are crypto auditing incentives designed to make the client happy rather than deliver bad news? What happens if you don't pay out bug bounties?
Skepticism over whether law enforcement can effectively track down DeFi hackers has led some devs to strike deals with the devil for the return of stolen funds. Is the practice sustainable?