Recent developments in the decentralized insurance space

Neptune Mutual Blog

The Rubic protocol was compromised, resulting in a loss of over $1.4 million worth of funds.

Raydium suffered loss of $4.395 million due to exploit likely caused by the loss of private key.

Nimbus Platform was exploited using flash loan attack losing upto 278 BNB, approx $76,000.

On December 13, 2022, Elastic Swap was exploited due to price manipulation. Total loss: $854,000.

In this blog, you will learn about the Defi hacks, and the role of cover protocols to mitigate it.

Let's learn about the security risks of one of the fastest growing sector in blockchain.

Rabby became the victim of a smart contract exploit resulting a total loss of $200,000.

Stax Finance, Temple DAO based project was hacked which cost them approximately $2.36 million.

Hackers were able to drain funds from Mango via price manipulation resulting approx $116M loss.