— Abracadabra, DeFi
Abracadabra blames hacks for shutdown amid ‘looting’ claims
Abracadabra proposed “an orderly wind down,” blaming security incidents that leave its stablecoin MIM with “no viable path back to parity."
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THORChain refuses to block Bitget funds, despite pausing after own hack
Once again, THORChain is refusing to block suspected North Korean hackers from laundering hundreds of millions of dollars of stolen crypto.
DeFi hack attack: Three exploits snatch $11M in a single day
In one particularly hectic day, DeFi projects Payy Network, Duelbits, and Meter lost $1.8M, $7M, and $2.3M respectively.
DeFi stalwart Balancer mulls shutdown after $130M hack
Balancer, one of DeFi’s best-known exchanges, is considering a shutdown after failing to boost revenue after the November 2025 hack.
— Crypto.com, DeFi
Crypto.com-promoted Tectonic forces Cronos to halt, rewind
Crypto.com promoted Tectonic until it almost drained tens of millions of dollars from its Cronos blockchain.
Moonwell’s latest $9M attack marks four incidents in a year
Borrow liquidity on Moonwell has been drained following a well-capitalized attacker’s price manipulation of collateral token MAMO.
Aave TVL still down 43% since KelpDAO hack
One of DeFi’s largest lending platforms, Aave, lost its top TVL spot after the KelpDAO $290M cross-chain bridge hack.
Across, Allbridge, TeleSwap lost $5.7M to bridge hacks in past week
A trio of hacks targeting blockchain bridges Across, Allbridge, and TeleSwap have seen over $5M lost in recent days.
Supra patched oracle on 11 other chains before $9M Hedera exploit
Supra’s faulty oracle accepted the hacker’s price update for collateral, which was used to drain Bonzo Lend of $9M.
DeFi platform Summer Finance loses $6M in vault exploit
Losses totalling $8M kick off the week’s DeFi security news, while a bug on Aptos put “most assets across all chains” at risk.