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…
Polymarket Incident Exposes Operational Security Risks Behind DeFi Infrastructure
Prediction market platform Polymarket faced a security incident on May 22 after an attacker drained an estimated $520,000–$660,000 worth of assets from a Polygon-based operational contract tied to rewards distribution. The exploit was first identified…
The Curious Case of ZkLend: A Tale of Exploits and Irony
In the world of decentralized finance (DeFi), security breaches are unfortunately not uncommon. However, the recent saga involving ZkLend—a Starknet-based lending protocol—has taken an unexpected twist, blending high-stakes hacking with a dose of poetic…