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Summary: Manuel Aráoz, co-founder of crypto security firm OpenZeppelin, said that he now considers "all of DeFi" unsafe. In a Tuesday post on the social media platform X, Aráoz wrote that he has been personally advising friends and family to exit al …
Summary: The hacker behind the Verus bridge exploit returned 75% of the stolen funds as part of a recovery deal negotiated with the protocol days after the incident. The attacker behind the Verus bridge exploit has returned 4,052 Ether, worth about …
Summary: In brief DeFi protocols have lost over $1 billion in the first five months of 2026, with April alone bleeding more than $600 million across Drift, Kelp DAO, and a dozen smaller hits. North Korea-linked actors accounted for 76% of global cry …
Summary: DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, most of the sector collapsed under the same risks it was built to cover. What to know: Despite b …
Summary: Quick Take CertiK says attackers are increasingly targeting operational security and supply-chain weaknesses instead of smart contract bugs. Gu warned that legal fallout from the Arbitrum asset freeze could complicate future industry-wide h …
Summary: The cybersecurity threats from North Korea are perpetrated by a myriad of small hacker groups deploying malware and executing social engineering scams. North Korea (DPRK) state-affiliated hackers and threat actors were responsible for more …
Summary: In brief North Korea-linked hackers were responsible for 60% of all crypto theft losses in 2025, totaling $2.06 billion in attributed losses, according to CertiK. State-sponsored groups have evolved from opportunistic exploits to coordinate …
Summary: Written by Stephen Katte , Staff Writer. Reviewed by Felix Ng , Staff Editor. Written by Stephen Katte , Staff Writer. Reviewed by Felix Ng , Staff Editor. Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues Latest News …
Summary: Share this article X (Twitter) LinkedIn Facebook Email Angus Fletcher, State Street’s head of digital assets said the young crypto industry needs to find solutions now before trillions in RWAs come on-chain. By |Edited by May 5, 2026, 9:27 …
Summary: In brief Solana-based Drift Protocol was hacked on April 1, with $295 million in user funds drained by attackers linked to North Korea. Drift Protocol will issue recovery tokens to affected wallets, with each token representing $1 of verifi …
Summary: Share this article X (Twitter) LinkedIn Facebook Email The lending protocol proposed tokenized claims, a revenue-backed pool and a security overhaul as it works with law enforcement to recover the stolen funds. By |Edited by May 5, 2026, 6: …
Summary: Quick Take This is the main section from the 50th edition of The Funding sent to our subscribers on May 3. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the f …
Summary: Written by Brian Quarmby , Staff Writer. Reviewed by Felix Ng , Staff Editor. Written by Brian Quarmby , Staff Writer. Reviewed by Felix Ng , Staff Editor. DeFi protocol Carrot becomes first casualty of $285M Drift exploit Latest News P …
Summary: Share this article X (Twitter) LinkedIn Facebook Email The security intelligence research firm said North Korean-state-backed hackers account for 76% of all crypto scam and hack losses in 2026 and have stolen $6 billion since 2017. By |Edit …
Summary: Share this article X (Twitter) LinkedIn Facebook Email Wasabi Protocol drained for $4.5 million in apparent admin key compromise The exploit used a similar playbook as Drift's $285 million breach earlier this month — a compromised deployer …