Aave Ethereum LBTC Phishing: A $1.08 Million Warning
The unsettling trend of Aave Ethereum LBTC phishing has underscored alarming vulnerabilities within the cryptocurrency landscape, particularly in DeFi security.Recent events have seen a user fall prey to a meticulous scam, losing 12 aEthLBTC, which translates to a staggering $1.08 million, all due to a seemingly harmless malicious “license” signature.
Unleash Protocol Hack: A Major DeFi Security Breach
The recent Unleash Protocol hack has sent shockwaves through the decentralized finance (DeFi) community, highlighting a significant governance failure that allowed unauthorized access to user funds.With approximately $3.9 million worth of assets stolen, this breach exposes critical vulnerabilities within multi-signature governance frameworks that are intended to secure transactions.