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"Defenders Lose Every Time": Open Zeppelin's Founder on AI and De Fi's Fatal Flaw
1+ hour, 11+ min ago (542+ words) Open Zeppelin co-founder Manuel Araoz says all of De Fi is now unsafe, warning AI coding agents give attackers an edge defenders can never fully close. The person who helped write De Fi's security rulebook now thinks the game is…...
WUSD. fi Sybil Farming Attack Drains $200 K from GLOVE Pools
1+ day, 1+ hour ago (381+ words) A sybil farming attack on WUSD. fi and GLOVE drained roughly $200 K from Uniswap V3 liquidity pools on Ethereum. No audit caught the reward mechanic flaw. Somebody figured out the math before the protocol did. On May 25, a single attacker walked away…...
Hackers Secretly Target Crypto Developers With Dangerous Trap Door Malware
2+ day, 9+ hour ago (610+ words) Hackers secretly targeted crypto and AI developers using Trap Door malware, stealing wallets, credentials, SSH keys, and sensitive company network access data. A sneaky cyberattack is targeting software developers. Specifically, it is dedicated to individuals who are involved in cryptocurrency…...
Stabl R USD and Euro Tokens Depeg After Multi-Million Dollar Attack
3+ day, 9+ hour ago (330+ words) Stabl R's USDR and EURR stablecoins lost their peg after attackers exploited the platform's minting system and extracted millions of dollars in value. Blockchain security firms reported that the incident stemmed from a compromised multisig key, allowing unauthorized token minting…...
Zach XBT Accuses Ku Coin of Ignoring Crypto Crime Victims
5+ day, 8+ hour ago (357+ words) Zach XBT claims Ku Coin ignores victims and law enforcement. See what the on-chain sleuth said about Ku Coin's compliance failures. On-chain investigator Zach XBT has publicly accused Ku Coin of failing crypto theft victims. His claims surfaced in a…...
Coinbase Uses AI to Reduce Account Restriction Resolution Time by 90%
6+ day, 2+ hour ago (526+ words) Coinbase uses AI in compliance workflows, cutting account restriction resolution time by 90% while humans review outcomes. Coinbase is using artificial intelligence to change its compliance operations, according to CEO Brian Armstrong. He said the exchange rebuilt nearly every related workflow…...
A New Node Waited Two Weeks. Then It Took $10. 7 M From THORChain
6+ day, 5+ hour ago (740+ words) A rogue node operator drained $10. 7 M from THORChain on May 15 via a GG20 vulnerability. Here is the full timeline, the security response, and what comes next. Someone joined THORChain's developer Discord on May 1 under the handle Dinosauruss. The account was fresh....
L2 BEAT Just Removed a Major Trust Risk From This Ethereum L2
1+ week, 1+ hour ago (450+ words) ZK circuits used by Lighter, a perpetual decentralized exchange on Ethereum, have cleared a critical trust barrier." L2 BEAT, the blockchain research organization, independently regenerated all ZK circuits from source code for the first time." Users no longer need to rely…...
Git Hub Got Hit Through a Poisoned VS Code Extension Nobody Saw Coming
1+ week, 4+ hour ago (405+ words) A poisoned VS Code extension breached Git Hub's internal repositories. Around 3, 800 repos may be exposed as Git Hub rotates secrets and investigates the attack. A single employee's device. That was the way in. Git Hub confirmed it detected and contained…...
Kraken and Coinbase User Reportedly Loses $6. 7 M in Crypto After Suspected Physical Attack
1+ week, 4+ hour ago (522+ words) A Kraken and Coinbase user reportedly lost $6. 7 million in crypto after a suspected physical attack, while stolen funds moved through Tornado Cash. A cryptocurrency user reportedly lost nearly $6. 7 million after a suspected physical attack. According to on-chain investigator Specter, the…...