Aave and several major crypto firms are coordinating a recovery effort to stabilize decentralized finance (DeFi) …
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Exploit
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Bitcoin Headlines
Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
by adminby adminIn brief Aave users struggled to withdraw funds from Aave after attackers borrowed with stolen rsETH …
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Ethereum Reports
Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt
by adminby adminAttacker minted unbacked rsETH through Kelp’s LayerZero bridge, then borrowed WETH on Aave V3 and V4 …
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Blockchain Adoption
Kelp Exploit Spread ‘Contagion’ Throughout DeFi Ecosystem: Crypto Execs
by adminby adminThe exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized …
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Ethereum Reports
Polkadot Confirms Exploit on Hyperbridge’s Ethereum Gateway Contract
by adminby adminThe attacker exploited a vulnerability in Polkadot interoperability protocol Hyperbridge, minting over ~$2 billion in DOT …
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DeFi Ecosystem
Crypto Markets Tumble as Iran Strikes Resume, Drift Exploit Rattles Solana
by adminby adminBitcoin fell below $67,000, and Ether dropped over 4% as oil surged on renewed geopolitical tensions. …
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DeFi Ecosystem
Venus Protocol Hit by Code Exploit, Causing Over $3.7 Million In Losses
by adminby adminVenus Protocol, a decentralized lending and borrowing platform, said on Sunday it had detected suspicious trading …
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The security firm also revealed that wrench attacks are on the rise. Crypto users lost about …
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Web3 Future
North Korea Hackers Embed Sophisticated Code Exploit in Smart Contracts
by adminby adminNorth Korean hackers have adopted a method of deploying malware designed to steal crypto and sensitive …
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Blockchain Adoption
What the Trial Related to a MEV Bot Exploit Means for the Industry
by adminby adminOpening arguments in the criminal trial for two brothers allegedly responsible for using maximal extractable value …