Onchain Lens reports DPRK-linked hackers bridged $38 million through Relay Protocol in seven hours with transfers continuing despite the platform's claimed active KYT system.

According to @OnchainLens, Drift Protocol has suffered a major hack involving over $270 million. The attacker has reportedly converted the majority of the stolen funds into 129,067 ETH, valued at approximately $277.47 million at the time of reporting. This event brings significant security concerns to the forefront for trading platforms and highlights the importance of robust safeguarding mechanisms.

According to @PeckShieldAlert, a Kraken user identified as 0xC551...acA21, who previously spent $18M to acquire 8,662 ETH, has been compromised through a social engineering attack. The hacker transferred $1.7M worth of ETH through Thorchain to HitBTC. This event raises concerns about user security and reinforces the need for robust safeguards in cryptocurrency storage and transactions.

According to @bubblemaps, the BonkFun hackers managed to exploit the second-largest meme platform on the Solana (SOL) blockchain, resulting in a gain of approximately $20,000. Despite the breach, the amount stolen is considered minimal compared to typical exploits, making it one of the 'worst heists' in terms of financial impact. This event highlights the ongoing security challenges within the crypto ecosystem.

According to the source, Solana-based DeFi platform Step Finance has announced its closure following a devastating $29 million hack. This decision highlights the ongoing security challenges in decentralized finance. The project's shutdown underscores the critical importance of robust security measures for DeFi protocols and their users.