💸 2024: DeFi Under Siege – Could $1.12 Billion in Losses Have Been Prevented? 🔗 https://t.co/rX8fKjjOvW ✍️In our today’s review: 🔍 Uncover the vulnerabilities behind Munchables, Hedgey Finance, and Thala Labs. 💡Learn key strategies to strengthen DeFi security and safeguard… https://t.co/HUADtppsOz
💸 2024: DeFi Under Siege – Could $1.12 Billion in Losses Have Been Prevented? ✍️In our today’s review: 🔍 Uncover the vulnerabilities behind Munchables, Hedgey Finance, and Thala Labs. 💡Learn key strategies to strengthen DeFi security and safeguard protocols. 🔗…
✍️ Reentrancy Attacks: How to Understand and Prevent Critical Vulnerabilities Our cybersecurity expert Jose Cruz (@0xjmaria) breaks down the mechanics of reentrancy attacks, their variations, and how to defend against them. 📜 What’s Inside: - Classic reentrancy attacks and… https://t.co/bdFUsQLx5M


The recent @Shardeum Core and Ancillaries Audit Competitions on Immunefi resulted in a total payout of $500,000 to security researchers for identifying critical vulnerabilities. Notable findings from the Core Audit included issues such as account balance manipulation, network takeover via Golden Ticket, and arbitrary data signing attacks. The Ancillaries Audit highlighted vulnerabilities like malicious archivers that could overwrite account data, XSS-enabled node shutdowns, and crashes of archive servers due to malformed requests. Additionally, a review by AuditOne_DAO emphasized the ongoing challenges in decentralized finance (DeFi), revealing that $1.12 billion in losses could have been prevented by addressing vulnerabilities in platforms such as Munchables, Hedgey Finance, and Thala Labs. The report also stressed the importance of implementing stronger security measures to protect DeFi protocols.