Title: Top 6 largest DeFi Hacks Post by: Imran232 on April 22, 2022, 05:10:29 PM 1: Poly Network: $611 Million
2: Ronin: $552 Million
3: Wormhole: $326 Million
4: Beanstalk: $182 Million
5: Compound: $150 Million
6: Vulcan Forged: $140 Million
Do you know about this? If yes then okay, if no then know mannn from here Shortcut Source: (https://decrypt.co/93874/biggest-defi-hacks-heists) Title: Re: Top 6 largest DeFi Hacks Post by: _BlackStar on April 22, 2022, 05:17:07 PM Move your thread to the altcoin discussion because I think you have picked the wrong place for your thread.
So far I am not very familiar with altcoin projects although I know some of them have also been successfully developed and provide good benefits for investors. Some of the ones you mentioned are new projects that still need development so I'm not really sure they can compete in the long term to be the best. If you like altcoin then you should really understand that altcoin are not always great to have in your portfolio in the long term, meaning you have to sell them when you make a profit. But you will understand something different with bitcoin which has proven to be one of the most widely adopted assets as a means of payment. Title: Re: Top 6 largest DeFi Hacks Post by: Psynthax on April 23, 2022, 01:21:19 PM As far as i know if that was not the real amounts that being hacked from the vulcan trasure wallet. I have been watching this case until the case is closed and it's around 2 millions USD who have been stolen by the hackers. It seems like that those news sites were creating wrong report about this. It's not so big as stated in your thread caused by i have been also watching this case since the hack happened and team able to reimburse the money to holders who got affected by this hacked case.
For me that's too big. Title: Re: Top 6 largest DeFi Hacks Post by: cryptoaddictchie on April 23, 2022, 01:27:57 PM So far I am not very familiar with altcoin projects although I know some of them have also been successfully developed and provide good benefits for investors. Some of the ones you mentioned are new projects that still need development so I'm not really sure they can compete in the long term to be the best. Ronin isnt good for competition? If you tried using it then its one of the best and cheapest transaction for a gaming economy on metaverse like axie. I dont see this gonna compete on other l1 anytime soon plus its longer term usage.These defi institution got hacked but it doesnt mean they arent good projects even they are still new. |