DeFi
Lazarus Cryptocurrency Hacks Estimated To Be $3 Billion
Threat actors from North Korea have been increasingly targeting the cryptocurrency sector since 2017 as a source of generating revenue. Reports have claimed that the country’s ruling elite and computer science professionals ...
Browsing for Bugs: Finding and Reporting a $3M Bug in Premia Finance
How Zellic found a critical security vulnerability affecting all three million dollars worth of staked Premia Finance tokens ...
How (Not) to Create a DeFi CDP or Lending Protocol
A review of the attack landscape on DeFi borrowing protocols ...
Your Sandwich Is My Lunch: How to Drain MEV Contracts V2
How Zellic found a bug in a top MEV contract ...
Walking along the New path – Decentralized Finance (DEFI)
Decentralized financial systems have grown in recent years. But when the phenomenon gained greater transactions, cybercriminal’s motivations managed to soar even higher. A difficult- to- alter digital ledger, the blockchain keeps track ...
FAIL: Nomad DeFi Bridge ‘Loses’ $190M of Worthless Tokens
Cryptocurrency startup Nomad claimed its “optimistic bridging” protocol would “would keep users’ funds safe.” We take a closer look ...
A HyFi Approach Should be the Answer to DeFi Security
I will be the first to admit to my prior skepticism with regards to cryptocurrencies and other sorts of decentralized finance (DeFi). Having spent most of my career immersed in securing centralized ...
Cashio Stablecoin: Not Stable—CASH Loses 99.99995%
A hacker drove a stablecoin into the ground yesterday. Cashio, a USD-backed coin is now all-but worthless ...
Cybersecurity Considerations for Web3
We’ve begun a major shift in how the internet is structured. Our current Web2, defined by a read/write architecture that, until recently was dominated by a handful of massive technology companies, is ...
