Tag: #defi

Pseudonymous Wallet Deposits $128.8 Million USDC Into Aave V3 on May 31

On May 31 a pseudonymous Ethereum address supplied about $128.8M in USDC to Aave V3, following a similar $128.6M transfer four days earlier.

#aave, #defi, #usdc, #ethereum

May 27 vsdCRV Mint on Arbitrum: Trillions Created, But Only ~$91,000 Extracted

An unauthorized mint of vsdCRV on Arbitrum created trillions of tokens, but attackers appear to have cashed out only about $91,000 as DeFi protocols scrambled to contain risk.

#crypto, #arbitrum, #stakedao, #defi, #security

Apparent Infinite‑Mint Exploit Creates 5.4 Trillion vsdCRV on Arbitrum; Attacker Swapped ~43.8 ETH

Security feeds report an apparent infinite‑mint exploit on Arbitrum's vsdCRV, creating ~5.4T tokens; attacker swapped about 43.78 ETH (~$90k).

#crypto, #arbitrum, #stakedao, #defi, #security

Echo Protocol halts eBTC cross‑chain transfers after unauthorized mint of 1,000 tokens

Echo Protocol suspended cross‑chain eBTC transfers after an unauthorized mint created 1,000 eBTC (~$76M nominal); on‑chain tracing shows only ~ $870k converted.

#crypto, #defi, #ebtc, #monad

How a KelpDAO rsETH Exploit Knocked Aave From the Top of DeFi TVL Rankings

An April rsETH exploit routed stolen tokens into Aave, triggering risk controls and a 44% drop in Aave's TVL as Lido reclaimed the top spot.

#defi, #aave, #lido, #layerzero

KelpDAO to Move rsETH Bridging From LayerZero to Chainlink CCIP After April Exploit

KelpDAO will shift rsETH bridging from LayerZero to Chainlink CCIP after an April exploit that released 116,500 rsETH and prompted DeFi freezes.

#crypto, #defi, #bridges, #security

April 2026 Was the Most-Hacked Month for Crypto as Drift and KelpDAO Thefts Top $625 Million

April 2026 saw 28–30 crypto exploits and roughly $625M stolen, largely from Drift Protocol and KelpDAO — attacks that exploited operational and cross‑chain weaknesses.

#crypto, #defi, #hacks

Aave Faces $123.7M–$230.1M Potential Loss After KelpDAO rsETH Bridge Exploit

Aave warns it may incur $123.7M–$230.1M in bad debt after a forged cross-chain packet exploited KelpDAO’s rsETH bridge and triggered major DeFi outflows.

#defi, #aave, #layerzero, #kelpdao, #crypto

LayerZero links $292M Kelp DAO exploit to DPRK-linked Lazarus Group

LayerZero says a forged cross‑chain message let attackers drain 116,500 rsETH (~$292M) from Kelp DAO on April 18; private attribution points to DPRK-linked Lazarus.

#crypto, #defi, #layerzero, #cybersecurity, #lazarus

Governance Hack on April 1 Drains Up to $285 Million From Drift and Exposes DeFi Weaknesses

On April 1 attackers used pre-signed Solana governance transactions to seize Drift’s admin keys, siphoning about $270–285M and raising questions about USDC bridges.

#crypto, #solana, #defi, #hack