CryptoNews: In the latest DeFi protocol hack, Jimbos Protocol, which is found on Arbitrum, has fallen victim to an attack resulting in a loss of $7.5 million worth of Ether.
In the latest decentralized finance protocol hack, Jimbos Protocol, which is found on Arbitrum, has fallen victim to an attack resulting in a loss of $7.5 million worth of. The attack exploited the absence of slippage control on liquidity conversions, allowing the attacker to manipulate swap orders in their favor.
The incident at Jimbos Protocol adds to the series of hacking incidents witnessed in the DeFi space. While the number of attacks hascompared to previous years, the community remains exposed to ongoing exploits. Despite efforts to enhance security measures, the DeFi ecosystem continues to grapple with the challenge of safeguarding against vulnerabilities and unauthorized access.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Arbitrum-based Jimbos Protocol hacked, losing $7.5M in EtherJimbos Protocol joins the growing list of hacked DeFi protocols, losing $7.5 million in funds as attackers exploit liquidity conversion loopholes.
Les mer »
Arbitrum Based Jimbos Protocol Scurries for Revival After $7M ExploitDevelopers behind Arbitrum-based JimbosProtocol are looking at the best way to move forward after its version 2 (V2) faced a $7.5 million exploit over the weekend. By shauryamalwa.
Les mer »
Hacked Liquidity Protocol Jimbos Offers Deadline to Exploiters Before Onboarding Law EnforcementThe hacked liquidity protocol Jimbos ( jimbosprotocol ) has offered a deadline to its exploiters before onboarding law enforcement. When is that, and what would be the next steps? Check here -
Les mer »
The Callisto Protocol Releases New Challenging Riot ModeIf you didn't think The CallistoProtocol was hard enough, Krafton has a new update out for the game with the blisteringly tough Riot Mode.
Les mer »
'Red Triangle Protocol': X-Men Finally Use Their Best Non-Mutant PowerThe X-Men share one power that has nothing to do with their mutant abilities - the Red Triangle Protocol. Fans just saw this long-rumored ability in action, as Storm and Professor X clash, and Ororo Munroe uses Xavier's anti-telepath training against him.
Les mer »