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August 19, 2022

Solana and Nomad bridge fall prey to exploits losing millions

August 5, 2022 Auto Writer Comments Off

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, the DeFi ecosystem saw two exploits, […]

Nomad token bridge drained of $190M in funds in security exploit

August 1, 2022 Auto Writer Comments Off

The Nomad token bridge appears to have experienced a security exploit that has allowed hackers to systematically drain the bridge’s funds over a long series of transactions. Nearly the entire $190.7 million in crypto has […]