Category: Defi hack

COVER Hack: Cover Protocol and Binance Announce Compensation Plan for Hack Victims

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 […]

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Cover Protocol Exploit Takes a Bizzare Turn, Hacker Returns All The Funds With an Important Message

Cover Protocol exploit just took an interesting turn as the exploiter has returned all the stolen funds around 4350 ETH  back to the deployer with an important message that read, Next time take care of your shit The cover protocol was exploited just hours ago owing to an infinite minting bug in its contract, leading […]

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