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Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services

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…

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Tether Steps In With $150M Support Plan After Drift Protocol Loses $285M in Exploit

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…

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Philadelphia Musician G. Love Loses Nearly 6 BTC to Fake Ledger Wallet App on Apple’s App Store

Musician G. Love lost nearly 5.9 BTC, his entire retirement savings held for roughly a decade, after downloading a fraudulent Ledger app from the Apple App Store on April 11,…

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Solana DEX Warns Liquidity Providers to Withdraw After North Korean Employee Link Surfaces

Stabble, a Solana-based decentralized exchange ( DEX), urged all liquidity providers on Tuesday, to withdraw their funds immediately after onchain investigator ZachXBT publicly linked a former employee to suspected North…

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Solana Foundation Launches STRIDE Security Program for DeFi Protocols Following Drift Incident

The Solana Foundation and Asymmetric Research launched STRIDE on Monday, a tiered security program built to protect decentralized finance ( DeFi) protocols across the Solana ecosystem with ongoing evaluations, threat…

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