DeFi projects lose $6M in fresh string of exploits this week
Tuesday saw four separate hacks, with over $5M stolen. Two more incidents took place the day before, but with minimal losses.
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The slow-motion ‘bank run’ in private credit
Crypto has exacerbated the problems of private credit, extending leverage and rehypothecation risk across increasingly risky loan books.
2025’s biggest crypto hacks: From exchange breaches to DeFi exploits
Protos takes a look back at 2025's biggest, strangest, and most significant crypto hacks. Have we learned anything?
Gala quietly changes bridge keys after users flag ‘unauthorized’ withdrawals
Withdrawals of 140M GALA tokens are missing corresponding deposits on GalaScan. The bridge was paused and admin keys rotated on November 10.
Here’s why decentralized finance is actually very centralized
Most DeFi protocols are controlled by a small number of smart contracts whose keys are held by one person or a tiny group of insiders.
Latest round of DeFi exploits display its wide range of vulnerabilities
Threats against DeFi protocols can come from all sides and include hackers, governance attacks, and potentially vulnerable third-party code.
Solana Saga: The DeFi phone you don’t need
Will the second $1,000 crypto phone in the past five years do better than its predecessor, the Finney? Early indicators aren't too promising.
How many times will Alameda Research liquidators get liquidated?
Despite Alameda's lack of risk mitigation procedures, it appears those in charge of liquidations may be as gung-ho as the previous leaders.
Who is Avraham Eisenberg and why is he all over Crypto Twitter?
Eisenberg is alleged by an investigator to be the mysterious hacker behind this week's >$100 million manipulation of Mango Markets.
US sanctions on Tornado Cash spark free speech protests
Knock-on effects continue from the US sanctions on Tornado Cash. Free speech advocates even plan to challenge the US Treasury in court.