Layer2
Investigations tagged with this subject. A topic describes what a page is about — an attack type, a jurisdiction, a regulator, a named actor — as distinct from the source that produced it.
2 investigations on this topic
Glori Finance was an alleged DeFi lending protocol deployed on the Arbitrum network in early 2024, operating as a Compound V2 fork with approximately $1.4 million in total value locked (TVL) at the time of its exposure. On April 14, 2024, blockchain investigator ZachXBT identified that the top GLORI token holders had seeded liquidity using funds stolen from prior scams — specifically the Crolend, Hash DAO, and HellHoundFi frauds — linking Glori Finance to a serial scam ring responsible for over $20 million in cumulative losses. Following ZachXBT's public disclosure, the Glori Finance X account was deactivated and the protocol's website went offline, consistent with an exit scam.
avoid.net/velodrome→42/100[WARNING]Velodrome is a decentralized exchange and liquidity hub built on the Optimism network, using a ve(3,3) governance and emissions model derived from Andre Cronje's Solidly design. The protocol's core smart contracts have undergone multiple third-party audits and have not been directly exploited, but Velodrome and its sister protocol Aerodrome (both developed by Dromos Labs) have a recurring history of front-end and domain-level compromises — including a 2022 insider theft by a team member, DNS hijacks in 2023, and a 2025 registrar insider-threat incident — plus an active landscape of impersonation and wallet-drainer phishing sites.