Summer Finance Pauses Vaults After $65.4M Flash Loan Attack Triggers $6M Loss
On Monday, July 6, the DeFi protocol Summer Finance was hit by a sophisticated flash loan and price manipulation attack, resulting in an estimated loss of $6 million. Security Firms Flag Breach Blockchain security firms reported Monday, July 6, a major…
Humanity Protocol repositions toward enterprise AI after $36 million hack, founder says
Humanity Protocol founder Terence Kwok says the project is pivoting to enterprise AI after a $36 million exploit, with fund recovery odds low.
Notorious 'jaredfromsubway' MEV bot drained for roughly $7.5 million in counter-MEV honeypot
An X account using the bot's name claimed a $15 million loss and offered a $1 million bounty, but evidence shows it is a likely impersonator.
Secret Network’s Axelar bridge drained for $4.67 million in infinite-mint exploit that went unnoticed for seven days
Secret Network says about $770,000 of the stolen funds still sits in the attacker's Axelar wallet, and that Axelar declined its request to freeze it.
The DAO hack at 10: From $50 million exploit to a $130 million Ethereum security fund
Ten years ago, an attacker drained roughly 3.6 million ETH from The DAO, helping to spur the creation of the modern crypto security industry.
'Let's just put it in an ETF' is the worst outcome for bitcoin, says Trezor exec
Trezor Chief Commercial Officer Danny Sanders said simplifying self-custody remains one of bitcoin's biggest onboarding challenges.
Token Of Power Governance Exploit Drains $1.58 Million In WETH, TRM Says
TRM Labs says Token of Power was exploited for roughly $1.58 million in WETH.
Coinbase Council Warns 7 Million Bitcoin May Face Future Quantum Risk
TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practical. The report estimates about 7 million BTC are quantum-vulnerable because public keys are exposed through legacy formats or…
Anthropic’s Claude Mythos AI Sparks Crypto Security Concerns
Anthropic’s Claude Mythos AI, now public, raises fears in the DeFi space due to its vulnerability discovery capabilities. Experts debate its impact. (Read More)
'Please stop the FUD': Zcash treasury company Cypherpunk remains committed to accumulating 5% of ZEC supply
Shares of Cypherpunk Technologies plunged more than 40% following the disclosure of a critical bug that was recently patched in Zcash.