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ZetaChain identifies cross-chain messaging loophole as root of targeted exploit
ZetaChain's post-mortem explained that the attacker took advantage of three vulnerabilities to drain $333,868 from te…
Syndicate suffers exploit linked to Commons bridge compromise; SYND slides 36%
The Syndicate team said it is investigating the incident with security firms and exploring options to 'make people wh…
LayerZero commits 10,000 ETH to DeFi United effort
Kelp says it used the default configuration for its LayerZero-powered Decentralized Verifier Network that was exploited.
DeFi United unveils plan to restore rsETH after $292 million Kelp DAO exploit
The restoration process involves converting ETH into rsETH in tranches, which will then be transferred to the affecte…
ZetaChain halts cross-chain transactions following attack on smart contract
The attack has only impacted internal ZetaChain team wallets, and no user funds were affected, the team said.
MARA Foundation to foster long-term adoption of Bitcoin, including resilience against quantum and security budget risks
The recently formed MARA Foundation said it will focus on the long-term health, resilience, and adoption of the Bitco…
Aave, Kelp, LayerZero ask Arbitrum DAO to release $71 million in frozen ETH to rsETH recovery effort
The standard Constitutional AIP lifecycle runs roughly 49 days from forum publication to onchain execution, a timelin…
Aave proposes 25,000 ETH contribution to DeFi United to plug Kelp DAO exploit hole
Protocols and individual DeFi users have collectively pledged enough to cover the Kelp DAO exploit losses.
AWS Marketplace adds Chainlink data standards, enabling devs to link traditional computing services and blockchains
AWS’s Chainlink integration will allow institutions to use familiar AWS tools while connecting securely to blockcha…
Mantle proposes up to 30,000 ETH loan to address Aave bad debt from Kelp exploit
The Mantle team wrote that the loan would generate yield and strengthen the relationship between Mantle and Aave.
Jane Street asks court to dismiss Terraform Labs’ insider trading lawsuit
Terraform Labs accused Jane Street of precipitating the collapse of the UST/LUNA algorithmic stablecoin through insid…
Tether freezes $344 million in USDT on Tron after wallets flagged by US authorities
Tether says it froze $344 million in USDT on Tron in coordination with OFAC and U.S. law enforcement, one of the larg…
Armed intruders force French family to transfer $820,000 in crypto: report
Two armed men forced a French family to transfer $820,000 in crypto during a home invasion, local media reported.
Sui-based Volo Protocol exploited; team pledges to absorb losses
Sui-based liquid staking platform Volo reported that it was exploited for roughly $3.5 million from its WBTC, XAUm, a…
Kelp DAO exploiter launders $80 million worth of ETH, mostly through THORChain: onchain analyst
The 24-hour swap volume on THORChain surged to $394 million, significantly exceeding usual daily volumes of under $35…
‘Are we an industry of clowns?’: DeFi grapples with security tradeoffs after $292M Kelp DAO fallout
Aftermath conditions from Kelp DAO’s exploit has opened a broader debate over DeFi’s security model, after billio…
Kelp DAO exploiter begins moving stolen funds across chains after Arbitrum ETH freeze
Wallets tied to the approximate $292 million Kelp DAO exploit have begun moving funds across chains following Arbitru…
Scammers demand crypto ‘clearance’ fees from ships near Strait of Hormuz: report
Greek maritime risk firm MARISKS warned shippers of fraudulent Hormuz transit demands paid in bitcoin or USDT, accord…
Arbitrum freezes $71 million worth of ETH stolen in Kelp DAO exploit
The Arbitrum Security Council said the frozen funds will only be moved by further action through Arbitrum governance.
Kelp DAO shifts blame to LayerZero for $292 million exploit; Aave examines bad debt scenarios
Kelp DAO has countered LayerZero's earlier statement, saying the 1-of-1 DVN setup under criticism was shipped as the …
DeFi losses top $600 million in weeks as Kelp DAO exploit drags TVL to one-year low
Kelp Dao, Aave and LayerZero are pointing the finger at each other and it is still unclear how losses will be distrib…
LayerZero says North Korea’s Lazarus likely behind Kelp DAO exploit; blames single-point setup
The entire total value locked in the DeFi sector fell 7% in the past 24 hours to $86 billion, according to DefiLlama …
Web3 hosting backbone Vercel confirms breach as supposed hacker demands $2 million ransom
Many crypto and Web3 projects deploy frontends on Vercel, raising the risk that secrets stored as non-sensitive envir…
Kelp DAO’s rsETH bridge apparently exploited for roughly $292 million in LayerZero-based attack
Kelp's emergency pauser multisig froze the protocol's core contracts roughly 46 minutes after the successful drain, b…
Rhea Finance post-mortem puts exploit losses at $18.4 million, more than double initial estimates
Using what the team described as a "deliberately constructed swap route," the attacker opened a large number of margi…
Circle hit with class action lawsuit over alleged inaction in $280 million Drift exploit
The lawsuit, filed by law firm Gibbs Mura, alleged that Circle failed to act swiftly to freeze the stolen USDC tied t…
Russia-linked Grinex exchange suspends operations after $15 million hack, blames ‘hostile states’
Liquidity and users of the sanctioned Garantex exchange have flowed into Grinex over the past year, Elliptic claims.
Tempo unveils pragmatic privacy solution called Zones, a way to run permissioned parallel blockchains
Each Zone will offer a private execution environment managed by a trusted entity, Tempo wrote in an announcement.
Polkadot-based Hyperbridge revises exploit losses to $2.5 million, ten times initial estimate
Hyperbridge has raised its loss estimate from $237,000 to $2.5 million after a Token Gateway exploit, with some funds…
Justin Sun says Tron launching post-quantum upgrade plan
Sun's comments follow recent debate over whether quantum computers could eventually break the cryptography that under…