An investigation of MEVbots’ contract revealed a backdoor that allows the creators to drain Ether from its users’ wallets. 3297 Total views 46 Total shares MEV gain, an Ethereum (ETH) arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds
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.Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services
The growth of decentralized finance, or DeFi, has made the blockchain industry especially vulnerable to scams and attacks. 603 Total views 17 Total shares Web3 bug bounty and security services platform Immunefi has closed a $24 million Series A funding round, putting the company on track to scale its in-house
The vulnerability in private keys generated by the popular Profanity vanity key generator was noted in January and has already been implicated in at least one major hack. 1700 Total views 11 Total shares Blockchain cybersecurity company Certik has said a vulnerable private key was attacked in the Wintermute hack.