2.4M

SHIB, Dogecoin (DOGE) Prices Slide $2.4M Shibarium Hack

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Top meme tokens traded under pressure as a multimillion dollar hack of Shiba Inu’s layer-2 network, Shibarium, dented investor confidence in joke cryptocurrencies. On Sunday, Shibarium fell victim to a flash loan attack on its validator system, which drained about $2.4 million in ether (ETH) and SHIB. The CoinDesk Memecoin Index has dropped 6.6% in … Read more

Sui-Based Yield Protocol Nemo Exploited for $2.4M in USDC

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Crypto price rallies come and go, but some things never change — hacks. The latest victim? Nemo, a yield protocol based on the Sui blockchain. The protocol fell victim to a $2.4 million exploit on Monday, underscoring persistent vulnerabilities in decentralized finance (DeFi) despite growing institutional adoption of digital assets. The malicious entity stole USDC, … Read more