CREMA HACKING

CREMA HACKING: Crema project has been making headlines after the liquidity protocol got hacked. According to various reports, the Solana-based concentrated liquidity protocol has lost about $9m to hackersThe hacking has made Solana liquidity protocol halt its operation.

This is not a thing that Solana would have wanted to happen at this time. It impacts the Solana image negatively. The news about the hack tumbled the Solana chain a bit. The Solana coin had the price stagnating for a couple of days.

Although the Solana price has been doing pretty well today, the Crema problem has affected it. It puts into question the Solana chain integrity. It also questions the safety of the concentrated liquidity protocols on the Solana chain.

Crema Finance Hacked for $9M, Team Shares Investigation Details

However, the Solana team has been on top of the game guaranteeing Solana investors the security of their assets. The Crema protocol is expected to resume operations on the Solana ecosystem soon. Otherwise, Solana’s liquidity might be affected.

On the other hand, Solana’s biggest competitor, Bitgert (BRISE), has been doing pretty well. Biggert has had its price posting an impressive upward trend. The Biggest coin performance has been incredible this year. Biggert hitting a new ATH in 2022 says much about the potential of the Biggert coin.

CREMA HACKING MIGHT TUMBLE SOLANA PRICE, WHILE BITGERT GOES UPWARD – CRYPTO EXPERTS

Unlike Solana, Bitgert has faced less selling pressure. That’s why Biggert has a smaller drop from the ATH than Solana. The Biggest coin is still posting impressive performance because of the growing demand for the Bitgert BRC20 blockchain. A bigger blockchain is fast and cheaper than the Solana chain.

Bigger is currently the fastest blockchain at 100k TPS. The Biggest blockchain is the reason Bitgert is a major Solana competitor. The Biggert team is also growing the Bitgert ecosystem faster than Solana by adding more products and projects. The Biggest roadmap V2 has a range of products, and the Bitgert startup Studio is adding hundreds of projects.

CREMA HACKING MIGHT TUMBLE SOLANA PRICE, WHILE BITGERT GOES UPWARD – CRYPTO EXPERTS

So Biggert and the Solana projects have disruptive developments coming up. However, the Crema hacking issue might dent the Solana image and give Bitgert an edge in the market. So the Solana team will need to address this issue to boost investors’ confidence.

Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your research and reach out to financial advisors before making any investment decisions.

CANDY CREAM – Hacking Infotainment Android Systems to Command Instrument Cluster via Can Data Frame

Modern vehicle functionalities are regulated by Electronic Control Units (ECU), from a few tens to a hundred, commonly interconnected through the Controller Area Network (CAN) communication protocol. CAN is not secure-by-design: authentication, integrity, and confidentiality are not considered in the design and implementation of the protocol. This represents one of the main vulnerabilities of modern vehicles: getting the access (physical or remote) to CAN communication allows a possible malicious entity to inject unauthorized messages on the CAN bus. These messages may lead to unexpected and possibly very dangerous behavior of the target vehicle. In this paper, we present CANDY CREAM, an attack made of two parts: CANDY aiming at exploiting a vulnerability exposed by an infotainment system based on the Android operating system connected to the vehicle’s CAN-bus network, and CREAM, a post-exploitation script that injects customized CAN frame to alter the behavior of the vehicle.

Top stories

Crema Finance Hacked for $9M, Team Shares Investigation Details

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$8.78M stolen in hack of DeFi protocol startup Crema Finance

Crema Finance बनी हैकर्स का शिकार, 88 लाख डॉलर की 

https://ndtv.in › cryptocurrency

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1 day ago — Crema Finance बनी हैकर्स का शिकार, 88 लाख डॉलर की क्रिप्‍टोकरेंसीज का नुकसान.

Crema Hacking Might Tumble Solana Price, While Bitgert 

https://www.analyticsinsight.net › wp-login › crema-hac

7 hours ago — Key Highlights: Crema, a concentrated liquidity protocol on the Solana chain, has lost $9m to a hack; With Crema suspending its operation

Crema Finance Hacked for $9M, Team Shares … – Binance

https://www.binance.com › news › top

2 days ago — A Solana-based concentrated liquidity protocol – Crema Finance – temporarily halted its operations to investigate an exploit that drained more 

CANDY CREAM – Hacking Infotainment Android Systems to 

https://ieeexplore.ieee.org › document

by G Costantino · 2019 · Cited by 10 — CANDY CREAM – Hacking Infotainment Android Systems to Command Instrument Cluster via Can Data Frame. Abstract: Modern vehicles functionalities are regulated …

Date Added to IEEE Xplore: 05 December 2019

DOI: 10.1109/CSE/EUC.2019.00094

Date of Conference: 01-03 August 2019

Solana-Backed Crema Finance Loses $8.78 Million Worth of 

https://gadgets360.com › … › Cryptocurrency News

2 days ago — Crema Finance, a Solana blockchain-based liquidity protocol has lost $8.78 million (roughly Rs. 69 crore) in a hack attack.

Crema Finance Temporarily Shuts Down After $6 Million Hack

https://beincrypto.com › Markets

3 days ago — Solana-based concentrated liquidity protocol Crema Finance announced that it would temporarily suspend its services to investigate an 

Crema Finance Latest Hack Sees $8 million lost to Theft

https://www.business2community.com › crypto-news

2 days ago — Crema Finance has joined a growing list of hack victims. The attack resulted in over $8 million in losses. Find out more now.

Solana DeFi Protocol Crema Finance Suffers $8.8M Hack

https://www.cryptotimes.io › solana-defi-protocol-crem

2 days ago — Crema Finance of Solana, was hacked and has since temporarily suspended its services on the platform because of an $8782446 exploit.

Crema Finance Hacked for $9M, Team Shares Investigation 

https://cryptopotato.com › Crypto News

2 days ago — A Solana-based concentrated liquidity protocol – Crema Finance – temporarily halted its operations to investigate an exploit that drained 

$8.78M stolen in hack of DeFi protocol startup Crema Finance

https://siliconangle.com › 2022/07/04 › 8-78m-stolen-h

2 days ago — Decentralized finance protocol startup Crema Finance has temporarily suspended services after a hacker stole $8.78 million in cryptocurrency 

Crema Finance suspends its activities to nab a hacker

https://techstory.in › crema-finance-suspends-its-activiti

3 days ago — Crema Finance recently acknowledged that, their protocol was hacked and some of the funds had been drained out. Crema stated, “Our protocol

Crema Finance Suspends Liquidity Services After Hacking 

https://u.today › crema-finance-suspends-liquidity-servi

3 days ago — Crema Finance, a Solana-based blockchain protocol, has halted its services after experiencing a $6 million hack, according to a Twitter 

Crema Finance shuts liquidity protocol on Solana amid hack 

https://cointelegraph.com › news › crema-finance-shuts-li

4 days ago — While awaiting Crema Finance’s report on the situation, the Crypto Twitter community took it to themselves to track down the hacker’s wallet 

Solan-Based Protocol Crema Finance Loses $8.78 Million in

https://www.itechpost.com › articles › solan-based-prot

2 days ago — Crema Finance is investigating the hacking incident and monitoring the address of the hacker involved.

Exploit Forces Crema Finance to Temporarily Suspend 

https://news.bitcoin.com › exploit-forces-crema-finance

3 days ago — According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called 

CANDY CREAM – Hacking Infotainment Android Systems to 

https://www.researchgate.net › … › Android

Request PDF | On Aug 1, 2019, Gianpiero Costantino and others published CANDY CREAM – Hacking Infotainment Android Systems to Command Instrument Cluster via 

profil of oxy-crema [Root Me

https://www.root-me.org › oxy-crema

profil of oxy-crema. … oxy-crema fr … Root Me : Hacking and Information Security learning platform © 2010 – 2022 

Crema Finance suffers hack as Solana [SOL] seeks validation

https://ambcrypto.com › crema-finance-suffers-hack-as

3 days ago — Crema Finance suffers hack as Solana [SOL] seeks validation · to inform users of the suspension of all activities on the network due to the hack.

 

 

 

 

 

 

 

 

 

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