Crypto hacking has been the most tragic thing to happen in the crypto market. The prominent Binance exchange also hacked on October 7. And the crypto market claimed this morning that four attacks in one day are a new record in the crypto sector. Rabby Swap, a feature of the Rabby crypto wallet, was hack yesterday, one month after its inception. And the hackers targeted the Rabby Swap Smart Contract, resulting in a loss of roughly $2.34M, and the company has indicated that they are working on a solution and that it would be available in one week. Supremacy Inc, a Blockchain security firm, reported that Paraswap was identify to have a vulnerable deployer address as a result of the Profanity exploitation, whereas Paraswap responded that they were examining it. DeFi protocol Temple DAO’s stax.if lost more than $2.3M, approximately 1,831 ETH. In the StaxLPStaking contract, the hacker took advantage of a “missing onlyMigratory check” mechanism. In the meanwhile, TempleDAO has deactivated the dApp to prevent unauthorized use. The team appealed with the hacker to return the assets and reimbursed him impartially for the vulnerability.
Read more : DeFi Firms Sets a Brand-New Record With Four Hacks in a Day.