DeFi plays the blame game
Protos breaks down the arguments over who’s to blame for the $14B meltdown sparked by Saturday’s $290M hack
Results for Crypto, Hack
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DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave
DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero.
Crypto hack goes political as Grinex blames ‘Western special services’
Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B.
CoW Swap hit by DNS hijack, warns users to stay clear of site
CoW Swap was previously used by Ethereum co-founder Vitalik Buterin to sell millions of dollars worth of ETH.
Kraken confirms extortion attempt after 2,000 clients’ data stolen
Kraken’s Chief Security Officer revealed that the crypto exchange is being extorted over two different instances of leaked client data.
Hyperbridge exploited less than two weeks after April Fools’ day hack prank
The Hyperbridge hack forged proofs to take control of the DOT token contract and sell a billion tokens for $237K of available liquidity.
Bitcoin Depot didn’t spot 50 BTC hack for three days, report
An SEC filing states that Bitcoin Depot was hacked for 50.9 BTC on March 23 but onchain sleuth ZachXBT says it took place three days earlier.
Secret Claude model ‘better than all but the most skilled humans’ at hacking
According to Anthropic, owner of AI tool Claude, its new Mythos model is hacking code better than most of today’s software developers.
Inside the $280M Drift hack: weeks of setup, minutes to drain
Drift Protocol was hacked for roughly $280M yesterday after a likely social engineering scheme breached its multisig approvals.
Steakhouse Financial front-end breach exposes users to phishing scam
The attackers have taken Steakhouse Financial's domain and turned its website and app into a wallet-draining phishing scam.