hacker deal

Loopscale's Hacker Deal: Genius Fix or a Dangerous Precedent?

Loopscale's Hacker Deal: Genius Fix or a Dangerous Precedent?

Loopscale made a deal with a hacker. They got most of their money back. Sounds like a win, right? Maybe not. This ends up being not a straightforward “good guys win” narrative, but rather a possible Pandora’s Box for the whole DeFi paradigm. Let's unpack the implications, shall we?Is Extortion...
KiloEx's $750K Hacker Deal: A Win-Win or Risky Gamble?

KiloEx's $750K Hacker Deal: A Win-Win or Risky Gamble?

In the often chaotic environment of crypto, hacks are always a risk. Recently, KiloEx, a platform in the digital asset space, faced such a challenge and responded with a rather unconventional approach: offering a substantial bounty to the hacker responsible for the exploit. This controversial move raises important questions about...