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.
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One of DeFi’s largest lending platforms, Aave, lost its top TVL spot after the KelpDAO $290M cross-chain bridge hack.
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.
Cap’s founder took to X to apologize for a u-turn on the long anticipated "stabledrop" and distance himself from a notorious wallet address.
A vote was put to BONK holders last week, with one voter making up 99.9% of the turnout and sending 4.4T tokens to an unknown address.
Losses totalling $8M kick off the week’s DeFi security news, while a bug on Aptos put “most assets across all chains” at risk.
Last week, the Ethereum Name Service DAO faced an attempt to “steal its treasury,” and the Ethereum Foundation announced a 20% staff cut.
The DAO behind notorious privacy protocol Tornado Cash has received a proposal that would replace key addresses with spoofed lookalikes.
Despite claiming to be a transparent alternative to traditional finance, a recent series of DeFi contagion events have stemmed from opacity.