COVER Hack: Cover Protocol and Binance Announce Compensation Plan for Hack Victims
December 31, 2020
Altcoin News, Binance, BTCBRL, BTCBUSD, BTCEUR, BTCGBP, BTCJPY, BTCRUB, BTCTUSD, BTCUSD, BTCUSDC, BTCUSDT, BTCXRP, COVER, Cover Compensation, Cover Exploit, Defi hack, DeFi News, ETHAUD, ETHBTC, ETHBUSD, ETHEUR, ETHHUSD, ETHRUB, ETHUSD, ETHUSDC, ETHUSDT, ETHUST, News
Eddy
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Cover Protocol, a Defi insurance protocol was recently exploited by a white hat hacker minting an infinite amount of the COVER protocol token owing to an infinite minting bug. The hacker later sold a portion of the Cover protocol token for 4350 ETH worth $3 million and burnt the rest of the tokens, he also […]