Tagged: hack

August 3, 2026 @ 8:18 am By Omar Faridi  |  

Following a significant security incident involving Coldcard hardware wallets, Binance founder Changpeng Zhao (CZ) has advised crypto holders to consider spreading their assets across multiple wallets. The event underscores that even reputable offline storage solutions are not immune to flaws and highlights the ongoing challenges… Read More

August 2, 2026 @ 4:26 pm By Omar Faridi  |  

Blockchain security firm CertiK has noted that on July 23, 2026, an attacker successfully targeted the Ethereum cross-chain bridge of the Verus Protocol, extracting roughly $7.44 million in assets that included ETH, tBTC, various stablecoins, and MKR. The exploit hinged on a fundamental difference in… Read More

August 1, 2026 @ 11:31 am By Omar Faridi  |  

Immunefi indicated that a recent incident involving BonkDAO highlights a troubling shift in how digital assets are being compromised. An individual invested approximately $4 million to acquire sufficient voting power, enabling the passage of a malicious governance proposal during a period of limited participant engagement…. Read More

July 30, 2026 @ 6:49 am By Omar Faridi  |  

On-chain investigator Specter has reported that losses tied to compromised hot wallets associated with Singapore payments firm Triple-A have risen further, reaching an estimated $11.8 million. This marks an increase from the more than $9.3 million initially identified late Friday. Specter first publicly highlighted the… Read More

July 28, 2026 @ 9:37 am By JD Alois  |  

SparkKitty is a Trojan horse-type malware hack that targets crypto accounts. While the malware has been around for a couple of years, recent reports about its prevalence on both Google Play and the Apple Store are reminders that consumers must always be diligent – even… Read More

July 22, 2026 @ 12:25 am By Omar Faridi  |  

South Korea’s Financial Supervisory Service (FSS) has formally launched the sanction process against Dunamu, the operator of Upbit, the nation’s largest cryptocurrency exchange by trading volume. The regulator recently delivered an inspection report to the company regarding last year’s significant hacking event, marking the first… Read More

July 21, 2026 @ 6:46 am By Omar Faridi  |  

On July 20, 2026, the Zilliqa blockchain team disclosed a notable security event affecting one of its centralized exchange collaborators. Tokens of the project’s native cryptocurrency, ZIL, were taken from an offline cold wallet managed by the partner. The project has launched a thorough probe… Read More

July 17, 2026 @ 8:46 am By Omar Faridi  |  

Decentralized perpetuals trading platform Ostium, focused on real-world assets on the Arbitrum network, has suffered a substantial security incident resulting in the loss of approximately $18 million from its liquidity vault. The attack, which occurred on July 15, 2026, prompted the immediate halt of all… Read More

July 12, 2026 @ 1:00 pm By Omar Faridi  |  

Bonzo Lend—a DeFi lending protocol—experienced a major security incident resulting in approximately $9.05 million in losses. The exploit, which occurred on July 11, 2026, stemmed from a vulnerability in a third-party oracle service rather than any flaw in Bonzo’s own smart contracts. The incident began… Read More

July 7, 2026 @ 8:48 am By Omar Faridi  |  

BonkDAO—the entity managing aspects of the BONK memecoin ecosystem on Solana—has confirmed the loss of roughly $20 million worth of BONK tokens from its treasury. The incident stemmed from a malicious governance proposal that successfully authorized the transfer of funds to an attacker-controlled wallet. According… Read More

July 6, 2026 @ 6:49 am By Omar Faridi  |  

Summer Finance—a yield aggregation and automated vault management platform formerly known as Oasis.app—has fallen victim to an exploit that drained roughly $6 million in DAI tokens. The incident, which surfaced on July 6, 2026, on the Ethereum blockchain, has prompted security researchers and on-chain analysts… Read More

June 28, 2026 @ 6:51 pm By Omar Faridi  |  

SecondFi, the Cardano-based self-custody wallet platform formerly known as Yoroi and developed by Emurgo, has detailed a structured path to restore funds to users impacted by a security incident that occurred in late June 2026. The company confirmed it will work toward returning affected assets… Read More

June 24, 2026 @ 1:36 pm By Omar Faridi  |  

In yet another rather concerning development for the already struggling Cardano (ADA) ecosystem, the DeFi project SecondFi has been the victim of a significant exploit. The security breach was traced back to a vulnerability in the project’s proprietary wallet generation software, which permitted unauthorized access… Read More

June 23, 2026 @ 1:50 am By Omar Faridi  |  

Blockchain interoperability platform Axelar has confirmed a security breach that resulted in the theft of approximately $4.7 million in bridged assets connected to the Secret Network. The incident, disclosed on June 19, 2026, involved tokens transferred via the Cosmos Inter-Blockchain Communication (IBC) protocol and was… Read More

June 10, 2026 @ 2:51 am By Omar Faridi  |  

Blockchain security firm CertiK recently share an extensive examination and analysis of the June 2026 exploit targeting Gnosis Pay users on the Gnosis Chain. The incident, which occurred on June 1, resulted in the unauthorized drainage of funds from multiple Safe wallets, highlighting sophisticated vulnerabilities… Read More

May 27, 2026 @ 6:32 pm By Omar Faridi  |  

Kelp DAO has announced the completion of its comprehensive recovery efforts for rsETH, its liquid restaking token. This milestone arrives roughly five weeks after a significant exploit that had been reported initially on April 18, 2026, that saw approximately 116,500 to 117,132 rsETH tokens—valued at… Read More

May 19, 2026 @ 6:35 pm By Omar Faridi  |  

A significant security breach has emerged in the Bitcoin DeFi segment, drawing fresh scrutiny to administrative safeguards in emerging blockchain deployments. The Echo Protocol, a BTCFi project running on the Monad network, encountered unauthorized token generation involving roughly 1,000 eBTC — a synthetic Bitcoin asset… Read More

May 18, 2026 @ 7:46 am By Omar Faridi  |  

A decentralized finance project called Verus is grappling with a serious security incident involving its cross-chain connection to Ethereum. Blockchain monitoring experts have confirmed that malicious actors have extracted roughly $11.58 million in cryptocurrency assets from the bridge so far, sparking immediate concerns across the… Read More

May 16, 2026 @ 7:42 pm By Omar Faridi  |  

TRM Labs noted that on May 15, 2026, a sophisticated attacker exploited vulnerabilities in THORChain, siphoning more than $11 million in digital assets from the cross-chain liquidity protocol. The incident impacted at least nine separate networks, marking another significant setback for the platform known for… Read More

May 5, 2026 @ 1:44 pm By Omar Faridi  |  

Decentralized finance, or DeFi, has been a hot buzzword for the past 7 years. Although DeFi total-value-locked or TVL has surged dramatically over the years from merely $500 million (roughly speaking) in 2018 to currently in the tens of billions of dollars (according to available data), the… Read More