Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Polter Finance, a decentralized finance (DeFi) lending protocol, was exploited for approximately $12 million in November 2024 due to a price manipulation vulnerability in its smart contracts. This incident is part of a broader trend in the DeFi space, where over $2.1 billion has been lost to exploits this year alone. The security of decentralized applications (dApps) is increasingly under scrutiny, especially as the Solana ecosystem experiences a rise in both development and security threats, including a recent phishing attack targeting Solana wallets. The growing concerns highlight the need for robust auditing tools and techniques to protect smart contracts and secure the DeFi landscape.
🚨 In November 2024, Polter Finance, a #DeFi lending protocol, suffered a hack 💸 Exploiting a price manipulation vulnerability in its #smartcontracts, attackers managed to drain approximately $8.7 million 💸 Find out more 👇 https://t.co/1xmbOyX3y9
SOLANA EXPERIENCES AN INNOVATIVE PHISHING ATTACK The latest phishing attack targeting Solana wallets is another reminder of how critical security is in this fast-evolving ecosystem. According to Scam Sniffer, a web3 anti-scam firm, these attacks exploit legitimate-looking… https://t.co/dzeHVB4Fpt
🕵️♂️ What Hackers Look for in a Solana Smart Contracts The spotlight is firmly on Solana: 🔹 $SOL approaching its all-time high 🔹 Rivaling Ethereum on key metrics 🔹 Optimism brewing around a potential ETF approval in 2025 With more devs building on Solana, ensuring security is…
