Recent developments in the decentralized insurance space
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DeFi Hacks

rubic-protocol-hacked

How Was Rubic Protocol Hacked?

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

Analyzing Raydium Hack

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

Nimbus Platform Flash Loan Attack Cover

Nimbus Platform Flash Loan Attack

On December 14, 2022, NimbusPlatform was exploited using flash loan attack

Analysing Elastic Swap Hack

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

Role Of Cover Protocols

Role of Cover Protocols in Mitigating Risk

Insurance is a well known tool for mitigating risk. And if the volume of DeFi hacks and…

Helio Protocol Hack

Report: Know about the Helio Protocol Hack

On December 02, 2022, the dumping of massive amount of aBNBc tokens on decentralized…

Lets Cover The Main Defi Security Risks

Let’s Cover the Main DeFi Security Risks

Decentralized finance—often called DeFi—refers to the shift from traditional, centralized…

Numbers Protocol Multichain Bridge Vulnerability

Taking a Closer Look at the Numbers Protocol Hack

On November 23, 2022, the Numbers Protocol ($NUM token) on the Ethereum chain was…

Weekly Report Nov21

Weekly Report (Nov-21)

Neptune Mutual launched their Black Friday offer with a reduced cover fee, and options for…

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