Slow Mist: Total losses from Web3 vulnerabilities and Rug Pull incidents last week exceeded $168 million
Slow Fog on X platform stated that the losses caused by security issues in the Web3 field from November 19th to November 25th are expected to exceed $168 million. This mainly includes Kyber Network liquidity vulnerabilities (loss of $54.7 million), HTX protocol vulnerabilities (loss of $113.3 million), Kronos Research API key leakage (loss of $26 million), and multiple Rug Pull incidents on BNB Chain and Ethereum Chain, leading to a sharp drop in the prices of various tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why Altcoins Can’t Make the Expected Mega Bullish Move? Analyst Reveals the Main Reason
While Bitcoin is trading near all-time highs, why are many altcoins nowhere near record highs?
Spot Litecoin ETF Under SEC Review Added to DTCC List – What Does It Mean?
Canary's spot Litecoin ETF has been included in the DTCC's ETF list.
This Project Focusing on Real World Assets (RWAs) Launches a New Program in Collaboration with Google Cloud! Here Are the Details
MANTRA, a Layer 1 blockchain designed for tokenized real-world assets (RWAs), has launched RWAccelerator.
Investment Giant JPMorgan Analysts Announced a Slowdown in Cryptocurrency Demand! Here's Why
The cryptocurrency market is facing weakening demand as institutional investors reduce their interest in BTC and ETH futures.
Trending news
MoreCrypto prices
More
