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Cover Protocol
Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril
DeFi insurer Cover Protocol, designed to reduce smart-contract failure risks, was exploited by a bug in its smart contract on Monday morning.
Cover Protocol May Launch New Token Following Attack
Cover Protocol announced it’s exploring launching a new COVER token after its current one was abused in a minting attack by a “white hat” hacker on Monday morning.
Cover Protocol Attack Perpetrated by 'White Hat,' Funds Returned, Hacker Claims
The exploiter has cashed out over $4 million including about 1,400 ether, one million DAI and 90 WBTC.
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