Cetus lost over $220 million after an attacker exploited a flaw in a smart contract math library. The attacker used spoof tokens and overflow bugs to trick the system into giving away real assets.
Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol ...
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DeFi however is facing growing pressure with major incidents and exploits becoming larger in terms of losses despite ...
Rhea Finance and the Russia-linked Grinex exchange were hacked for a combined $21 million over the past two days. At least 12 DeFi protocols and crypto businesses have been attacked in just over two ...
The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance. The exploit of the Kelp liquid restaking protocol shows ...
Starting in June 2025, the attacker quietly accumulated approximately 84% of Venus's THE supply cap (14.5M tokens) over nine months. With virtually no market depth to absorb the sell-off, THE ...
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DeFi can't stop bleeding, and Wasabi Protocol is the latest to find out why. The protocol, a perpetuals trading platform built on Ethereum and Base, was drained of about $4.55 million on Thursday ...
The Echo Protocol exploit on Monad minted 1,000 fake eBTC worth $76.7M — no code was broken, just one stolen admin key. The attacker borrowed real WBTC against the fake collateral, routed $822K ...
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