Tagged: hack

April 22, 2026 @ 12:09 pm By JD Alois  |  

In just the first few months of 2026, DeFi has struggled with hacks and exploits, including a loss topping $600 miillion in April. Estimates place the total pilfered at around $750–800 million, driven largely by two large incidents. The largest DeFi exploit of 2026 was… Read More

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 19, 2026 @ 4:23 pm By Omar Faridi  |  

Drift Protocol—the Solana-based perpetual futures exchange—has arranged substantial new capital to address losses from a recent security breach and prepare for a full operational restart. The platform, which experienced a sophisticated attack linked to North Korean actors earlier in April, saw approximately $270 million in… 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 7, 2026 @ 10:21 am By JD Alois  |  

Global law firm Jones Day experienced an embarrassing hack as a handful of clients had their information posted on the Silent Ransom Group (SRG) website. Reuters reports that the law firm confirmed the breach and all clients have been notified. In May 2025, the federal… 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 3, 2026 @ 11:15 am By Omar Faridi  |  

Research findings released ahead of World Backup Day by Kaspersky have shed light on how people around the globe are managing their most private information in an increasingly connected world. A comprehensive survey carried out by the company’s market research team polled 3,000 adults across… 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 22, 2026 @ 3:30 pm By Tony Zerucha  |  

Plenty has changed in the three years since Immunefi released its first State of On-Chain Security Report, and not necessarily for the good. Should your protocol get hacked in 2026, the stats suggest the direct theft will be roughly $25 million. Your token will shed… 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 23, 2026 @ 11:50 am By JD Alois  |  

Eventually, Quantum computing is expected to change everything; older security protocols will fall to the wayside unless updated as the race continues between cyber attacks and the defenses that counter them. A recent X post citing Elon Musk’s statement indicates that Bitcoin, the world’s most… 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

January 13, 2026 @ 4:05 pm By Omar Faridi  |  

In a significant blow to the nascent decentralized computing space, the Truebit Protocol fell victim to a sophisticated smart contract exploit on January 8, 2026. Attackers drained approximately 8,535 ETH, valued at around $26.44 million, from the protocol’s reserves. The incident, analyzed by the SlowMist… Read More

January 13, 2026 @ 7:56 am By Omar Faridi  |  

On January 12, 2026, investing and savings platform Betterment revealed that a sophisticated social engineering attack was responsible for a recent security incident. This breach allowed an unauthorized individual to access certain customer personal information and send fraudulent messages promoting a fake cryptocurrency-related offer to… Read More

January 10, 2026 @ 5:19 pm By Omar Faridi  |  

In the ecosystem of blockchain, web3, and decentralized cryptocurrency platforms, security remains a paramount objective but still not enough is being done to ensure adequate consumer protection and safeguard user assets. CertiK, a blockchain security firm, has recently shared several key updates that underscore its… Read More

January 7, 2026 @ 3:53 pm By Omar Faridi  |  

Kontigo, a stablecoin banking platform primarily serving users in Latin America, has committed to fully compensating customers impacted by a recent cyberattack. The incident, which compromised approximately $340,905 in stablecoin holdings, affected more than 1,000 individuals, highlighting ongoing vulnerabilities in the digital finance space. The… Read More

January 6, 2026 @ 10:05 am By Omar Faridi  |  

In the final quarter of 2025, Regtech and cybersecurity focused firm SlowMist released its MistTrack analysis on stolen funds, shedding light on persistent threats in the blockchain ecosystem. Drawing from 300 user-submitted reports—210 from domestic sources and 90 from international ones—the report underscores the evolving… Read More

January 4, 2026 @ 2:31 pm By Omar Faridi  |  

Ilya Lichtenstein, the individual who admitted to orchestrating the massive 2016 breach at cryptocurrency exchange Bitfinex, has announced his impending early release from incarceration. In a recent post on X, Lichtenstein attributed his reduced sentence to the First Step Act, a 2018 criminal justice reform… Read More