Tagged: exploit

April 20, 2026 @ 2:39 pm By Omar Faridi  |  

Kelp DAO, a key player in the Ethereum restaking ecosystem, has encountered a severe security breach involving its cross-chain bridge, leading to the significant depletion of its rsETH token reserves. The incident, which unfolded over the weekend, underscores ongoing vulnerabilities in decentralized finance infrastructure, particularly… Read More

April 13, 2026 @ 2:59 pm By Omar Faridi  |  

Philadelphia-based singer-songwriter Garrett Dutton, better known by his stage name G. Love of the band G. Love & Special Sauce, has publicly shared a devastating financial setback. On April 11, 2026, Dutton revealed on social media that he lost approximately 5.9 BTC—valued at over $420,000… Read More

April 13, 2026 @ 9:24 am By Omar Faridi  |  

On April 13, 2026, the bridge facilitating Polkadot’s DOT token transfers to Ethereum was compromised. Unauthorized actors have allegedly exploited administrative privileges in the bridge’s smart contract on the Ethereum network, enabling the creation of 1 billion unbacked DOT tokens. These tokens were then rapidly… Read More

April 4, 2026 @ 10:17 am By Omar Faridi  |  

Stablecoin issuer Circle’s (NYSE:CRCL) operations have come under sharp scrutiny following the recent $285 million exploit of Drift Protocol, a prominent decentralized perpetual futures exchange on the Solana blockchain. The incident has ignited widespread debate about the issuer’s responsiveness and its ability to intervene when… Read More

April 3, 2026 @ 1:18 pm By Omar Faridi  |  

In arguably one of the most audacious cryptocurrency thefts of the year, attackers believed to be linked to North Korea siphoned approximately $285 million in user funds from Drift Protocol on April 1, 2026. TRM Labs pointed out that the operation, completed in roughly 12… Read More

April 2, 2026 @ 12:08 pm By Omar Faridi  |  

Blockchain security firm PeckShield has reported that cryptocurrency hacks and related vulnerabilities resulted in roughly $52 million in stolen funds during March 2026. The total stemmed from about 20 significant incidents, marking a 96 percent jump from February’s $26.5 million haul and reversing a brief… Read More

April 2, 2026 @ 7:59 am By Omar Faridi  |  

Solana-based perpetual futures exchange Drift Protocol fell victim to a large-scale security breach on April 1, 2026. On-chain monitoring firms reported that attackers siphoned roughly $285 million in various cryptocurrencies from the platform’s primary vault, marking one of the most substantial DeFi incidents of the… Read More

March 30, 2026 @ 2:03 am By Omar Faridi  |  

Balancer Labs, the corporate entity behind of one of decentralized finance’s longest-running automated market makers, is winding down operations. Co-founder Fernando Martinelli announced the decision in a governance forum post on March 24, 2026, roughly five months after a devastating exploit in November 2025 drained… Read More

March 23, 2026 @ 9:11 pm By Omar Faridi  |  

Blockchain analytics firm Chainalysis has dissected the recent breach of the Resolv decentralized finance protocol, revealing how a compromised private key enabled the printing of roughly $25 million in unsupported stablecoins. Occurring on March 22, 2026, this incident highlights the growing dangers posed by off-chain… Read More

March 23, 2026 @ 3:53 pm By Omar Faridi  |  

Blockchain security firm CertiK has released a detailed forensic breakdown of the March 10, 2026, exploit that drained roughly $242,000 from the Movie Token (MT) project on the BNB Smart Chain. The incident, which targeted a popular deflationary token integrated with PancakeSwap liquidity, stemmed from… Read More

March 22, 2026 @ 3:59 pm By Omar Faridi  |  

Resolv’s USR stablecoin has broken its dollar peg in the wake of an $80 million security breach that severely strained its token supply. The incident, which struck at the core of the protocol’s mechanics, has again sent shockwaves through decentralized finance ecosystems, exposing once again… Read More

March 21, 2026 @ 12:17 pm By Omar Faridi  |  

Cybersecurity researchers at Kaspersky’s Global Research and Analysis Team (GReAT) have spotlighted a highly evolved banking Trojan named GoPix in a detailed disclosure released on March 16, 2026. Active for more than three years and monitored closely since 2023, this Brazilian-origin threat has already triggered… Read More

March 19, 2026 @ 10:15 am By Omar Faridi  |  

In a significant cybersecurity development, a key software provider to the banking sector has acknowledged that hackers successfully extracted personal and financial records of more than 672,000 individuals through a ransomware operation conducted last year. Marquis Software Solutions, a Plano, Texas-based enterprise, is known for… Read More

March 19, 2026 @ 8:20 am By Omar Faridi  |  

In the latest edition of the Coin Metrics (now acquired by Talos) State of the Network report, analysts highlight a shocking example of the perils facing large-scale trades in decentralized finance. On March 12, a user attempted a straightforward collateral conversion on Ethereum, swapping roughly… Read More

March 9, 2026 @ 9:55 pm By Omar Faridi  |  

In a development raising fresh alarms about artificial intelligence autonomy, scientists connected to Alibaba (NYSE:BABA) have documented an experimental AI system that independently commandeered graphics processing units (GPUs) to perform unauthorized cryptocurrency mining. The incident, detailed in a recent technical paper, illustrates how advanced AI… Read More

February 25, 2026 @ 11:17 am By Omar Faridi  |  

Step Finance, a decentralized finance platform on the Solana blockchain, has officially announced the immediate wind-down of all its activities after a significant cybersecurity breach drained roughly $40 million from its treasury. The closure, revealed on February 23, 2026, also encompasses its affiliated projects, SolanaFloor… Read More

February 24, 2026 @ 7:03 pm By Omar Faridi  |  

On February 21, 2026, IoTeX, a Layer-1 blockchain designed to link Internet of Things devices with decentralized applications and real-world artificial intelligence, faced a targeted security breach involving a compromised private key. The incident affected the project’s cross-chain bridge system, known as ioTube, leading to… Read More

February 22, 2026 @ 6:26 pm By Omar Faridi  |  

February 21, 2026 marks the first anniversary of the largest confirmed cryptocurrency theft in history. On that day in 2025, hackers drained roughly $1.46 billion in digital assets from Dubai-based exchange ByBit. Blockchain intelligence firm Elliptic was among the first to link the attack to… Read More

February 9, 2026 @ 9:07 am By Omar Faridi  |  

The the nascent ecosystem of blockchain and decentralized finance, security remains a paramount concern. Blockchain security firm CertiK has recently highlighted critical areas of risk: sophisticated physical coercion tactics known as wrench attacks and technical exploits in cross-chain protocols. These insights underscore the multifaceted nature… Read More

February 9, 2026 @ 7:12 am By Omar Faridi  |  

Over the years, Regtech SlowMist has emerged as a key player in safeguarding digital assets. Founded in 2018, by a group of network security professionals, the company says it has spent the past eight years navigating the tumultuous landscape of the industry. From boom-and-bust cycles… Read More