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Monday 28 December 2020

Cover Protocol Attack Perpetrated by ‘White Hat,’ Funds Returned, Hacker Claims

https://ift.tt/eA8V8J

The decentralized finance (DeFI) insurance project Cover Protocol was hacked earlier Monday in an infinite printing scheme, causing the price of the Cover token to plunge. Hours later, a so-called ‘white hacker’ claimed responsibility for the attack, saying all funds had been returned. The exploiter has cashed out over $4 million including about 1400 either, […]

via CoinDesk https://www.coindesk.com/cover-protocol-attack-perpetrated-by-white-hat-all-funds-returned-hacker-claims

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