Socket, a protocol in the decentralized finance (DeFi) space, recently encountered a security incident that led to a loss of approximately $3.3 million. The vulnerability stemmed from a call injection attack on the Socket protocol, specifically impacting wallets with infinite approvals to Socket contracts. As a response, all affected contracts […]
Tag: decentralized
What Is Dimensions Network?
There are a lot of different projects which aim to disrupt the traditional concept of cryptocurrency exchanges. Expanding upon this business model by adding other financial vehicles can make it more appealing. Dimensions Network is going down such a path, as it aims to become the next-gen exchange of the […]
What Are IDEX Gems?
Even during extended downtrends – such as much of 2018 – savvy traders continue to utilize unique methods to make profits. If you’ve spent much time on Twitter and other mediums where traders often communicate, you’ve probably heard about IDEX gems. The term “IDEX gem” refers to a cryptocurrency that […]