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A cross-chain message forgery drained 116,500 restaked ether from KelpDAO on April 18, triggering what Cardano founder Charles Hoskinson called the largest DeFi exploit of the year and a contagion…
Curve Finance founder Michael Egorov is calling for industry-wide security standards after a wave of DeFi exploits. Investors say repeated failures are part of the sector’s evolution, not a sign…
North Korea’s Lazarus Group is preliminarily attributed with draining approximately $292 million in rsETH from KelpDAO on April 18, 2026. The state-backed hacking entity has been responsible for billions of…
An incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH route on Saturday allowed an attacker to extract 116,500 rsETH…
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes…
An attacker reportedly exploited a minting flaw in KelpDAO’s rsETH liquid restaking token on April 18, 2026, draining an estimated $280 million or more across Ethereum and Arbitrum. Key Takeaways:…
Grinex’s shutdown is intensifying scrutiny of crypto laundering tactics, as fund movements suggest behavior inconsistent with typical enforcement actions. Chainalysis analysis highlights patterns that raise questions about whether the activity…
Crypto infrastructure providers are under rising pressure as a new lawsuit tests whether technical control can bring legal responsibility after a major hack. The case against Circle could influence how…
The sanctioned crypto-ruble exchange Grinex has suspended all operations following a high-level cyberattack that resulted in the theft of over $13.74 million worth of tether stablecoins. Key Takeaways: Grinex halts…
Tether announced a recovery plan of up to $150 million to help Drift Protocol users recoup losses from an April 1 exploit that drained approximately $285 million from the Solana-based…