exploitation

Compound’s Hack Cause for Reflection: Understanding the Past, Present, and Future Implications for DeFi and Crypto.

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Time Stamp: July 29, 2024 11:49 AM - Modified On: July 29, 2024 - Published By:
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Republished By Plato

Compound Finance, one of the most prominent platforms in the decentralized finance (DeFi) space, has recently experienced a significant security breach, resulting in a $25 million loss. This event is not an isolated incident; Compound has faced several notable hacks and exploits over the years. Each of these incidents has not only impacted the platform but has also revealed critical vulnerabilities and posed significant challenges for the broader crypto ecosystem. This article explores the details of the recent governance exploit, reviews previous hacks, and discusses the broader implications for DeFi

OMNIA Protocol Integrates Blockpass to Secure DeFi Trading

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Time Stamp: April 2, 2024 12:12 PM - Modified On: April 2, 2024 - Published By:
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Republished By Plato

HONG KONG, Apr 2, 2024 - (ACN Newswire) - Blockpass is pleased to reveal a new partnership as OMNIA Protocol, a specialized RPC provider for DeFi traders, integrates Blockpass’ regulatory regulatory solutions. Through this integration, OMNIA benefits from compliance measures that include KYC, AML and KYB that will protect its users as they utilize the benefits of DeFi and the crypto space. Created by cybersecurity, privacy and trading experts, OMNIA aims to tackle DeFi issues including front-running and MEV exploitation to create an ecosystem where anyone can enjoy an unparalleled

Paribus Vision

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Time Stamp: May 27, 2023 11:54 AM - Modified On: May 27, 2023 - Published By:
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Republished By Plato

For those who missed our announcements on social media, we are thrilled to share the exciting news that our Mainnet v1 will be relaunched on May 31st! The past few weeks have been demanding and challenging, but we couldn’t be happier with our progress. At Paribus, we have always emphasized the importance of security. While we were shocked and saddened by the exploitation of a loophole in our code, we firmly believe in finding the silver lining in every cloud. The steps we’ve taken following this unfortunate incident have made