DeFi

Highlights: THORChain opened a recovery portal after a $10 million exploit hit 12,847 wallets. Affected users have until June 4 to submit compensation claims. Investigators linked the attack to vault key exposure and cross-chain laundering activity. Decentralized cross-chain liquidity protocol […]

Highlights: Senate leaders released a 309-page crypto bill before the May 14 committee markup. The draft clarifies SEC and CFTC roles over crypto assets, trading, and disclosures. The bill also covers DeFi, stablecoins, self-custody, customer protection, and anti-money-laundering rules. Senate […]

Highlights: The court approved the Aave recovery plan to transfer 30,766 frozen ETH through an Arbitrum governance vote. Judge Margaret Garnett allowed the ETH transfer while preserving terrorism creditors’ legal claims over the assets. Recovery teams plan to restore the […]

Highlights: Ripple will share DPRK threat data after the Drift case exposed insider attacks in crypto firms. Hackers are targeting employees, gaining their trust, and accessing wallets instead of exploiting smart contracts. Crypto firms will use the shared intelligence to […]

Highlights: Wasabi protocol lost over $5 million after the attacker gained deployer admin access. Blockaid linked the drain to malicious contract upgrades and missing admin safeguards. Security firms traced the exploit across Ethereum, Base, Berachain, and Blast. DeFi derivatives platform […]

Highlights: The ZetaChain exploit has been traced to a missed bug report that later enabled a $334K drain from internal wallets. The gateway design allowed attackers to combine flaws and move funds across multiple chains without additional approvals. The exploit […]

Highlights: Lummis says the CLARITY Act will protect developers who do not control user funds. Lawmakers are revising the bill to target criminals without affecting software builders. Developers could gain safe harbor periods to test and launch protocols without early […]

Highlights: DeFi United plans to restore rsETH backing after KelpDAO’s $292 million bridge incident. The recovery aims to resolve attacker-linked positions across Aave and Compound safely. Major crypto firms have pledged support, but some funds still need governance approval. DeFi […]

Highlights: ZetaChain paused cross-chain transfers after a GatewayEVM exploit hit internal wallets. The exploit targeted the main contract used for cross-chain transfers. ZETA price fell after the attack, trading near $0.05335 on the daily chart. ZetaChain, an interoperability-focused Layer 1 […]

Highlights: Volo froze all vaults after a $3.5M crypto exploit affected asset pools. Volo secured $500K of stolen funds and confirmed it will cover all user losses from the breach. About $28M in other vaults remained safe with no shared […]

Highlights: Arbitrum locked $71 million in ETH after tracing the funds to the Kelp DAO exploit. The attack occurred on April 18 and resulted in losses of around $292 million. The freeze stopped part of the stolen funds, but the […]

Highlights: Aethir has contained a bridge exploit and capped reported user losses below $90,000. The main ATH supply on Ethereum stayed intact, while the ETH-ARB bridge on Squid remained unaffected. A compensation plan, attacker wallet list, and post-mortem are planned […]