1+ mon, 3+ week ago   (554+ words) Flash Trade suffered a $98,000 USDC exploit tied to a MagicBlock SDK bug, but the team confirms all user funds stay fully covered. Flash Trade’s Solana-based perpetuals exchange suffered an unauthorized withdrawal of $98,000 in USDC on July 22 at 00:21 SGT. The exploit…...

1+ mon, 4+ week ago   (535+ words) Another major security incident has struck the decentralized finance sector, adding to a growing wave of high-value crypto exploits. Attackers continue finding new ways to manipulate smart contracts and drain protocol funds despite ongoing security improvements. Ostium has now joined…...

2+ mon, 1+ week ago   (381+ words) Summer.fi has suffered a security exploit that has drained about $6 million, according to blockchain security firm Blockaid. The attack was detected while it was still underway, raising fresh concerns about security across decentralized finance platforms serving institutional and retail…...

4+ mon, 1+ week ago   (407+ words) Aave argues frozen ETH belongs to users, not claimants, as legal uncertainty delays DeFi recovery efforts. Aave has moved quickly to challenge a court order freezing millions in recovered ether. The dispute follows a recent exploit linked to Kelp DAO…...

4+ mon, 1+ week ago   (374+ words) Solana co-founder Anatoly Yakovenko warns AI may break post-quantum cryptography signature schemes, urging 2/3 multi-sig wallet support or native PDA-level protection. The thread started small. A developer posted a single line on X. Then Solana co-founder Anatoly Yakovenko stepped in, and it…...

4+ mon, 1+ week ago   (437+ words) April hacks show attackers now target people and systems, not just code, increasing systemic risks across DeFi. Data from CertiK Alert places total confirmed losses near $651 million, including $3.5 million from phishing attacks. Around 40 major exploits occurred during the month, with…...