A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and the project’s stablecoin shuddered from $1 per token to zero. Cashio App Exploited […]
The price of Cashio (CASH), a USD-pegged stablecoin based on the Solana blockchain, dropped to nearly zero today after a newly discovered exploit allowed users to produce unlimited amounts of the token.
The Wormhole exploit shined the spotlight on a number of things in the crypto industry as users scrambled for answers. Solana, Ethereum, DeFi, cross-chain protocols, and Solana’s proof-of-history consensus mechanism, all came under intense scrutiny. Now, with Wormhole releasing its incident report, there are more voices chiming in. Time for pest control The incident report […]
As a gamer myself, I spend a lot of time (too much probably) imagining what the future of gaming will look like. I do have to admit that I have been very disappointed in the slower than expected advancement of gaming technology over the past 20 or so years. I remember playing Super Mario 64 […]