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On October 6, "Trump asked Putin for advice on whether the United States should help arm Ukraine." The British Independent quoted an article from the New York Times on the 5th, revealing details about the interaction between former US President Trump and Russian President Putin. On July 7, 2017, Russian President Putin and then-US President Trump held their first formal meeting in Hamburg, Germany. During the meeting, Trump told Putin that the United States was considering providing weapons to Ukraine. "What do you think?" Trump asked Putin at the time. In response, Putin gave the answer that it was a "mistake" and that no matter what the United States gave Ukraine, they wanted more. The New York Times reported that according to the description of three US officials who attended the meeting in Hamburg, Trump did not refute after hearing Putins answer.IDF: Rocket sirens sounding in Gaza border communities are false alarms.On October 6, local time, according to Israels Channel 12, Qatari officials responsible for mediating negotiations with Hamas on the exchange of detained persons told the families of the detained persons last week that the leader of the Palestinian Islamic Resistance Movement (Hamas), Yahya Sinwar, now only communicates with them using pen and paper and no longer calls them. Qatari officials also said that this was a decision made after a series of assassinations that killed Hamas and Hezbollah leaders, which also posed a challenge to their mediation work.October 6, South Korean industry data released on Sunday showed that for most of 2024, more than 60% of South Koreas automobile exports were shipped to North America, sparking calls for companies to consider a more balanced global export strategy. Industry data showed that Hyundai Motor, Kia Motors, GM Korea, KG Mobility and Renault Korea Motors, five automobile companies with production bases in South Korea, exported a total of 1,857,111 vehicles from January to August this year. Of these, 61.4% (1,140,073 units) were sold to North America, an increase of 15.9% compared with the same period last year. In particular, exports to the United States amounted to 970,066 units, accounting for about half of South Koreas total automobile exports during the same period. Exports to the United States increased by 18.7% year-on-year during the same period.October 6th, according to reports from Russias TASS and Irans Mehr News Agency on the 5th, Syrian Ambassador to Russia Bashar Jaafari stated that Syria has applied to join the BRICS cooperation mechanism.

Ethereum Stablecoin Dapp Loses Over $180 Million in Exploit

Cory Russell

Apr 19, 2022 10:57


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For the first time, the protocol's TVL has topped $150 million.


Furthermore, the exploiter made a $250k donation to the Ukraine Crypto Donation.


The Beanstalk Farms, an Ethereum-based Decentralized Finance (DeFi) scheme, was targeted for $182 million today, demonstrating that 2022 isn't taking a break from crypto cyber attacks.


Beanstalk Farms was the victim of a $182 million hack in which over 24.8 thousand ETH and 36 million BEAN were stolen.


The protocol's TVL just surpassed $150 million for the first time.


In addition, the exploiter donated $250k to the Ukraine Crypto Donation.


Another Ethereum-based Decentralized Finance (DeFi) scheme dubbed the Beanstalk Farms was attacked for $182 million today, indicating that 2022 isn't taking a holiday when it comes to crypto cyber assaults.


April Witnesses Its First Major Attack

According to Peckshield Inc., a blockchain security and data analytics business, an unusual transaction occurred on Ethereum, which was reported to the Dapp.


Millions of dollars were exchanged in Ethereum (ETH), BEAN, DAI, and USDT.


Closer examination revealed that the transaction was the result of the exploit, which was subsequently validated by the protocol. Beanstalk Farms announced the hack on Twitter, saying, "Beanstalk experienced an exploit today." The Beanstalk Farms team is investigating the incident and will inform the community as soon as possible... We're putting in every effort to make progress. We're asking the DeFi community and specialists in chain analytics to assist us restrict the exploiter's capacity to withdraw assets through CEXes as a decentralized initiative. If the exploiter is willing to talk, we are as well."


According to Peckshield, the hack was carried through via BIP18's flash loan aided pass. The hacker initially withdrew over 100 ETH worth $291k, which served as the attack's starting funding.


The hack's profits were more than $80 million, which were placed in Tornado Cash. The hacker even contributed $250k to the Ukraine Crypto Donation out of the $80 million.


Overall, the hacker made off with $24,830 worth $72.4 million and another 36 million BEAN, which was worth $36 million before yesterday but is now only worth $4.36 million.


The onslaught had such a strong impact on the price action that the coin ended up shedding more than 86 percent of its original $1.1 value and is now trading at $0.12.

Hacks and Exploits Emerging From?

While no one organization can be blamed for this incident, North Korea is notorious for large-scale hacking.


The Lazarus gang, which is controlled by the governing party, was also responsible for the largest attack in crypto history, in which Axie Infinity's Ronin Network lost $625 million.


In 2021, the hackers exploited more than $400 million in digital assets on their own, and they continue to bring attention to themselves. The Lazarus Group will be motivated to carry out additional such hacks if North Korea seems to be utilizing this cash to boost its missile development.

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