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DeFi loses $35M in a day: Are ‘bounties’ inviting more hacks?

Verus was criticized for setting a 25% bounty following an $11M May exploit. Now AFX has upped the ante, offering $7.2M.

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.

The latest in a spate of oracle manipulation attacks has seen around $20 million drained from Ostium’s OLP vault.

Supra’s faulty oracle accepted the hacker’s price update for collateral, which was used to drain Bonzo Lend of $9M.

Breaking down where it all went wrong for $500M of VC investments which produce just $360 in daily fees between them.