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Incident Report: Llamarisk, Aave Service Providers Detail Kelp rsETH Hack Across Ethereum and Arbitrum Markets

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…

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Chainalysis Details ‘Shadow Crypto Economy’ Exposure as Grinex Suspends Operations

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…

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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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