Blockchain security firms linked the collapse to a suspected attack on 42DAO, the decentralized organization that governs the Balance Protocol ecosystem.
Tag:
Exploit
- Crypto Education
$6 Million Vault Exploit Forces DeFi Platform Summer.fi to Wind Down
by adminby adminSummer.fi will wind down operations after a $6.04 million exploit hit its Lazy Summer Protocol on July 6, wiping out the capital the team needed to rebuild. The five-year-old Decentralized Finance (DeFi) platform said …
Bonzo Lend, a lending protocol on the Hedera mainnet, has paused operations following an oracle exploit on July 11, 2026, resulting in an estimated loss of $9 million. Bonzo stated that the incident stemmed …
- Blockchain Research
SecondFi Recovery Targets Two Weeks After $2.4M Cardano Wallet Exploit
by adminby adminCardano wallet SecondFi has identified a recovery path for users affected by Tuesday’s exploit and expects to begin returning assets in about two weeks, following testing and security reviews. According to a Saturday statement …
- Bitcoin & Ethereum
Solana Exchange Raydium Hit With $1.34 Million Exploit as DeFi Attacks Grow
by adminby adminIn brief Solana DEX Raydium was hit with a $1.3 million exploit on Wednesday. The exploit affected five deprecated liquidity pools from an older version of its automated market maker program. The incident joins …
- Bitcoin & Ethereum
Arbitrum Security Council Freezes $71.5M in Ethereum linked to $292M KelpDAO Exploit
by adminby adminIn brief The Arbitrum Security Council has frozen 30,766 ETH worth $71.5 million linked to the weekend’s KelpDAO exploit. The funds can only be moved by further action by Arbitrum governance, the council said. …
- Web3 Technology
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 on the platform, spiking a core market’s so-called utilization rate. The funds were plundered from a LayerZero-powered bridge, …
Altcoin Highlights
Hedera Network Reportedly Hit by Exploit With Losses Climbing Past $5 Million
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Hedera (HBAR) has reportedly suffered an exploit, which caused losses of more than $5 million. Blockchain researcher Specter first flagged the incident on Saturday. The attacker moved stolen assets off Hedera and converted them …
The Arbitrum Security Council has frozen $71 million in ETH directly traceable to the Kelp DAO exploit, with the council’s published statement confirming that the frozen funds cannot be moved without a subsequent action …
In brief DeFi platform Resolv Labs’ USR stablecoin depegged and crashed more than 70% following an exploit Sunday. An attacker exploited the USR stablecoin contract using a compromised key, and minted 80 million tokens. …
