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Stablecoin issuer Circle’s (NYSE:CRCL) operations have come under sharp scrutiny following the recent $285 million exploit of Drift Protocol, a prominent decentralized perpetual futures exchange on ...
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North Korea manufactured a fake token to steal $286M from Drift Protocol and AI is making these attacks cheaper
The largest DeFi hack this year took place last week on April 1 as Drift Protocol, one of the largest perp DEXs on the solana network, experienced an exploit that saw roughly $286 million vanish from ...
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Carrot protocol shuts down after $285M hack
Solana-based decentralized finance yield protocol Carrot announced on April 30 that it is shutting down permanently. This makes it one of the first DeFi protocols to collapse as a direct consequence ...
Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue. Solana-based decentralized finance yield protocol ...
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