r0ar

DeFi offered this fantasy, this financial freedom from the dark underbelly of Wall Street. The recent R0AR $1R0R exploit, where a "trusted" external developer inserted a backdoor into a staking contract and siphoned off nearly $785,000, screams a harsh truth: DeFi's current "trust us" model is fundamentally broken. In practice,...

R0AR, a gamified cryptocurrency platform registered in Kingstown, Saint Vincent & The Grenadines, has announced it’s suffering a critical token drain attack. This self-enforced issue is currently hitting its $1R0R token hard. A previously undiscovered vulnerability in the staking contract was at fault for the incident. As punishment, the token’s...

The realm of crypto is full of new opportunities and excitement, but with new opportunities come new risks. Security breaches and exploits are a sad reality that everyone is confronting these days. Being aware of these larger occurrences and how projects are addressing their impact is key. More recently, R0AR,...