hack

The flash of news alerts: "$5.8 Million Hacked from Loopscale." Another day, another DeFi exploit. We've become almost numb to these headlines, scrolling past them as if they're just another market correction. Behind that every stolen million and every paused lending market are real folks. These are the 7k lenders...

MetaBlock X is dedicated to giving you the strategic advantage you require to cut through the noise and govern the ever-evolving terrain of the crypto universe. The recent $5.8 million hack of Loopscale is the latest example of critical weaknesses in the decentralized finance ecosystem. This unfortunate event should be...

$5.8 million vanished. Poof. Gone. Just like that, Loopscale, a Solana-based lending platform, became the most recent casualty in DeFi’s continual exploit drama. What’s truly gut-wrenching? They had been audited. Twice, actually. Once by OShield, who went so far as to patch critical vulnerabilities themselves, and a second audit, still...

Here we go again. Another DeFi protocol bites the dust. This time it’s Loopscale, a Solana-based project that was hacked for $5.8 million just two weeks after launch. While Loopscale scrambles to pick up the pieces, the bigger question looms: Is Solana's breakneck pursuit of DeFi dominance setting the stage...

The decentralized finance (DeFi) space is rapidly expanding, providing exciting new financial opportunities while bringing with them new security risks. In July, Loopscale, a lending platform, was recently targeted in an undisclosed attack. As a consequence, they lost an estimated $5.8 million worth of assets. This unfortunate incident serves to...

Imagine this: You wake up, bleary-eyed, grab your phone, and check your Bybit account. You’re expecting to see the fruits of your latest trades, maybe a little extra cushion for that vacation you’ve been planning. Instead, you’re greeted with a zero balance. A cold dread washes over you. Your hard-earned...

KiloEx dodged a bullet. Whew, $7.5 million swiped, then returned after a bounty offer from the government. Happy ending, right? I'm not so sure. Unfortunately, this issue is not limited to KiloEx. It’s a bright red alarm that exposes systemic flaws in our current implementation of DeFi. It should be...

The KiloEx hack. The KILO token's precipitous fall. Trading frozen. We've seen this movie before, haven't we? This time, there's a twist: a seemingly proactive compensation plan. Is KiloEx really ushering in a new era of honesty and accountability to DeFi security, or is this just damage control that’s been...

"I lost everything." That’s what Sarah, a single mom from Ohio, said to me after the KiloEx hack. She’d invested her life savings, intending to create a more promising future for her children. Now, that future seemed a million miles away. Sarah’s story isn't unique. It's the human face behind...

Greetings from MetaBlock X — your cutting-edge in the crypto frontier. MetaBlockX.com provides you with accuracy-focused price predictions and live Bitcoin updates. Armed with intelligent staking perspectives and fundamental security best practices, you’re ready to seize opportunities in the digital asset environment. This article today explores this recent KiloEx hack....