HACKS
Echo Protocol Exploited for $76.7M in Admin Key Hack
Echo Protocol loses $76.7M via admin key exploit, highlighting 2026's rising DeFi vulnerabilities as attackers target eBTC on Monad.
AI-Powered DeFi Security: Can Machine Learning Prevent the Next $100M Protocol Hack?
DeFi protocols lost over $3.1 billion to hacks in 2025. AI is emerging as a key tool for security, with potential to prevent large-scale attacks by 2026-2027.
Crypto Recovery Efforts Often Futile, Prevention Essential, Says Circuit CEO
Harry Donnelly, CEO of Circuit, emphasizes prevention over recovery in crypto security, highlighting the challenges faced by victims of hacks and the risks posed by recovery firms.
Smart Contract Security and Hacks: The Rising Importance of Safe DeFi
Smart contract security is critical in DeFi, with $3.1 billion lost to hacks in early 2025. Rigorous audits and bug bounties are essential to mitigate sophisticated attacks.
Bitfinex Successfully Prevents $15 Billion XRP Exploit Attempt
Bitfinex successfully prevented a complex exploit attempt targeting $15 billion worth of XRP, highlighting the continuous need for advanced security measures in cryptocurrency exchanges. The exchange's correct system configurations played a pivotal role in averting potential theft, emphasizing the importance of robust cybersecurity practices in the digital currency domain.
Crypto Hacks and Scams on the Rise
Over $103 million was lost to crypto exploits, scams, and hacks in April, with the total loss for the year reaching $429.7 million. Major hacks included Bitrue exchange and South Korean GDAC exchange, and flash loan attacks took around $20 million. Exit scams saw a loss of $9.4 million.
Oasis.app and Jump Crypto Retrieve $225 Million in Crypto
The hacker's vaults show that Oasis sent 120,695 wstETH and 3,213 rETH to Jump Crypto on February 21.
Two suspects have been arrested by the French police in connection with Platypus
French authorities apprehended two individuals in Platypus' $9.1 million exploit.
Dozens of AI-Powered Chatbot Tokens Found to Be Part of honeypot schemes
Blockchain security company PeckShield has warned about "dozens" of BingChatGPT pump-and-dump tokens.
Hope Finance Scam Leaves Prospective DeFi Users Out of Pocket
Arbitrum-based algorithmic stablecoin startup Hope Finance loses $2 million to a smart contract attack.
MetaMask Warns Investors Against Phishing Attempts by Scammers
MetaMask informed customers that it never emails account data or collects KYC information.
$46 million in ill-gotten crypto on the move again
The Wormhole hacker transferred another $46 million to MakerDAO to take advantage of arbitrage profits.
OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked
White hat hackers identified weaknesses in crypto wallet OneKey's software earlier this year that allowed them to hack a hardware wallet in one second, however OneKey corrected the problem and no one was affected.
550 BNB lost in contract exploit by decentralized exchange
The CoW Swap team informed users that dealers do not need to cancel permissions due to the vulnerability.