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DeFi Exploit News

Latest DeFi Exploit News

StrongBlock loses $72K after attacker hijacks abandoned governance system - 6
News
Read more - StrongBlock loses $72K after attacker hijacks abandoned governance system

StrongBlock loses $72K after attacker hijacks abandoned governance system

An attacker has drained about $72,000 worth of STRONG and STRNGR tokens after taking control of StrongBlock’s abandoned on-chain governance system through a malicious proposal. According to blockchain security firm Defimon Alerts, the attacker acquired enough voting power in StrongBlock’s…
Bitcoin onchain activity surges to yearly high as Coldcard attack unfolds - 7
News
Read more - Bitcoin onchain activity surges to yearly high as Coldcard attack unfolds

Bitcoin onchain activity surges to yearly high as Coldcard attack unfolds

Bitcoin onchain activity has reached its highest level of 2026 as researchers have linked the surge to the ongoing Coldcard wallet exploit, warning that similar spikes have historically coincided with local market turning points. K33 Research said nearly 890,000 BTC…
Bitcoin BTC Bitcoin
Cross-chain bridge interoperability between blockchains
Learn
Read more - How cross-chain bridges work and why $4 billion has been stolen from them

How cross-chain bridges work and why $4 billion has been stolen from them

Bridges move assets between blockchains using lock-and-mint, burn-and-mint, or liquidity pool mechanisms, but their trust assumptions have made them the most exploited category in crypto. Introduction Blockchains do not talk to each other. Ethereum cannot read Solana’s state. Arbitrum cannot…
Swan Treasury loses $625K after signer key leak enables discounted STY purchases - 8
News
Read more - Swan Treasury loses $625K after signer key leak enables discounted STY purchases

Swan Treasury loses $625K after signer key leak enables discounted STY purchases

Blockchain asset management protocol Swan Treasury has suffered an estimated $625,000 loss after attackers exploited a leaked off-chain signer key to buy STY tokens at a steep discount before selling them for profit. According to blockchain security firm Defimon Alerts,…
AFX schedules Aug. 3 goodwill plan following $24.15M bridge hack - 9
News
Read more - AFX schedules Aug. 3 goodwill plan following $24.15M bridge hack

AFX schedules Aug. 3 goodwill plan following $24.15M bridge hack

AFX has announced that it has prepared a goodwill plan for users affected by last week’s $24.15 million bridge exploit, with the recovery proposal scheduled for release on Aug. 3. According to an announcement shared by AFX, the decentralized derivatives…
Ostium blames off chain breach for $23.75M USDC exploit - 10
News
Read more - Ostium blames off chain breach for $23.75M USDC exploit

Ostium blames off chain breach for $23.75M USDC exploit

Ostium has concluded that its July exploit originated from compromised off-chain infrastructure rather than a flaw in its smart contracts, after an investigation found the attacker manipulated price reporting to drain 23.75 million USDC from the protocol’s liquidity vault. According…
Garden Finance takes app offline after independent solver database compromise - 11
News
Read more - Garden Finance takes app offline after independent solver database compromise

Garden Finance takes app offline after independent solver database compromise

Garden Finance has temporarily taken its application offline after an attacker compromised the off-chain database of an independent solver, leading to the loss of solver-owned digital assets while leaving protocol contracts and user funds unaffected. Blockchain security firm Blockaid reported…
Triple A says it can meet all liabilities after treasury wallet exploit - 12
News
Read more - Triple A says it can meet all liabilities after treasury wallet exploit

Triple A says it can meet all liabilities after treasury wallet exploit

Triple-A has confirmed that unauthorized access to its treasury wallets resulted in the loss of company-owned digital assets while stating that client funds and payment operations have remained unaffected. Triple-A said in a statement on Monday that it detected unauthorized…
Triple-A hot wallets lose $9.7M in suspected exploit - 13
News
Read more - Triple-A hot wallets lose $9.7M in suspected exploit

Triple-A hot wallets lose $9.7M in suspected exploit

Triple-A’s hot wallets appear to have lost more than $9.7 million across several blockchains, with the suspected attacker swapping the assets and consolidating the proceeds on Ethereum. What happened to Triple-A’s hot wallets On-chain analyst Specter first identified suspicious transactions…
Across Protocol relayer loses under $4M in Solana attack - 14
News
Read more - Across Protocol relayer loses under $4M in Solana attack

Across Protocol relayer loses under $4M in Solana attack

Across Protocol’s Risk Labs-operated relayer lost less than $4 million after an attacker fabricated $41.7 million in Solana deposit events, according to a post-incident report released by the cross-chain protocol. Across attacker forged 1,627 Solana deposits The attack occurred between…
Lien Finance hit by $542K exploit tied to bond token logic bug - 15
News
Read more - Lien Finance hit by $542K exploit tied to bond token logic bug

Lien Finance hit by $542K exploit tied to bond token logic bug

Lien Finance has lost about $542,000 in USDC after an attacker exploited a flaw in its bond token logic to mint unsupported assets and drain liquidity from the protocol. Blockchain security firm SlowMist said the exploit targeted Lien Finance’s bond…
Solana price stalls below $80 as exploits test fragile recovery - 16
Markets
Read more - Solana price stalls below $80 as exploits test fragile recovery

Solana price stalls below $80 as exploits test fragile recovery

Solana price has stalled near $76 after repeated failures at $80, as two ecosystem exploits, weak momentum, and geopolitical stress have kept traders cautious. According to data from crypto.news, Solana (SOL) price traded at $76.12 at the time of writing,…
Solana SOL Solana
TrustedVolumes attacker returns $2M, keeps another $2M as bounty - 17
News
Read more - TrustedVolumes attacker returns $2M, keeps another $2M as bounty

TrustedVolumes attacker returns $2M, keeps another $2M as bounty

A TrustedVolumes attacker has returned 1,122 ETH worth about $2 million while keeping another $2 million as a self-declared bounty. According to Com Feed monitoring, the Ethereum transfer represents a partial recovery from the May exploit, which initially drained about…
Suspected Hedera exploit sends over $5.8M to Ethereum as HBAR slips - 18
News
Read more - Suspected Hedera exploit sends over $5.8M to Ethereum as HBAR slips

Suspected Hedera exploit sends over $5.8M to Ethereum as HBAR slips

Hedera’s native token HBAR has fallen more than 2% after blockchain security researchers reported that a suspected exploit had moved more than $5.8 million in assets from the Hedera network to Ethereum. According to blockchain security researcher Specter, the suspected…
Hedera HBAR Hedera
Ctrl Wallet shuts down after exploit, urges users to move funds - 19
News
Read more - Ctrl Wallet shuts down after exploit, urges users to move funds

Ctrl Wallet shuts down after exploit, urges users to move funds

Ctrl Wallet has announced the permanent shutdown of its services after a recent security exploit, giving users until Aug. 3 to move their crypto assets before core wallet functions go offline. Ctrl Wallet said in a blog post published Tuesday…
What are cross-chain bridges? Why they keep getting hacked - 20
Learn
Read more - What are cross-chain bridges? Why they keep getting hacked

What are cross-chain bridges? Why they keep getting hacked

Blockchains cannot talk to each other on their own. Bridges are the software that moves value between them, and they have leaked more money to hackers than any other kind of crypto infrastructure, billions across a handful of catastrophic breaches.…