DeFi Exploit News
Latest DeFi Exploit News
News
USPD is facing a severe security breach after an attacker quietly gained control of its proxy contract months ago and used that access to mint new tokens and drain funds. USPD disclosed the incident on Dec. 5, saying the exploit…
News
Cynthia Lummis’ Bitcoin meme post on X revives speculation that the U.S. could expand BTC reserves under Trump’s Strategic Bitcoin Reserve framework. U.S. Senator Cynthia Lummis posted a Bitcoin-themed image on social media platform X, prompting speculation that the United…
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Yearn Finance has taken its first major step toward repairing the damage from its recent yETH exploit after securing a partial recovery. Yearn Finance has recovered $2.4 million from the $9 million yETH exploit that hit the protocol at the…
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Yearn Finance is dealing with a fresh security breach after an attacker exploited its yETH token contract and drained millions in ETH and liquid staking assets from Balancer pools. The incident unfolded late on Nov. 30 when an attacker triggered…
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A new proposal on Balancer’s governance forum sets the stage for how the protocol plans to handle the next phase of its recovery effort. Balancer has outlined a reimbursement plan that would return roughly $8 million in rescued assets to…
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Berachain Foundation has confirmed the recovery of $12.8 million lost during the Nov. 3 Balancer V2 exploit. The recovery marks a rare case of full restitution following one of 2025’s largest decentralized finance hacks. In a late Nov. 4 update…
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StakeWise has taken swift action following a major decentralized finance exploit that sent shockwaves through Balancer and several connected networks this week. StakeWise has recovered most of the assets stolen in the recent Balancer exploit, marking a rare success in…
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In a new blow for the decentralized finance industry, Bunni has announced its closure following a severe exploit that halted its operations. Bunni, the decentralized exchange known for its liquidity innovations, has officially shut down following a major exploit that…
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North Korea relies on state-backed hacking groups like Lazarus to finance its military, with stolen crypto accounting for nearly a third of its foreign currency earnings and providing a steady, illicit cash flow immune to traditional sanctions. Editor’s note: This…
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UXLINK will conduct its first token buyback this weekend, Oct. 18–19, using recovered funds from centralized exchanges. This marks a major step in its post-hack recovery plan. In an Oct. 14 announcement on X, UXLINK confirmed that the buyback will…
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Strategy Inc., the crypto treasury firm co-founded by Bitcoin bull Michael Saylor, saw its Bitcoin holdings hit a record high above $77 billion as the flagship cryptocurrency returned to the $120,000 level after several weeks of volatile price action. As…
Markets
UXLINK price dropped to $0.120 and trading volume surged shatply ahead of a community vote on early token unlocks linked to compensation from its September hack. At press time, UXLINK was trading at $0.120, down 15% in the last 24…
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The crypto market faced another wave of exploits last month, resulting in significant losses and highlighting ongoing security risks. A recent PeckShield report revealed that the crypto industry lost approximately $127.1 million to hacks and scams in September alone. The…
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Hyperdrive has restored operations and compensated users after a June exploit drained funds from two markets on the Hyperliquid blockchain. Hyperdrive, a decentralized finance protocol on the Hyperliquid blockchain, has resumed full operations and restored funds to affected users after…
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Suspicious withdrawals from Hypervault have set off fears of a rug pull, with millions in crypto assets rapidly moved out of the platform. Hypervault Finance is facing rug pull allegations after about $3.6 million in crypto was drained from the…
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UXLINK is moving forward with efforts to manage the aftermath of the hack that compromised millions of its tokens, progressing with token migration while preparing recovery measures for affected users. Recovery efforts following the UXLINK hack are gaining traction. Per…