Ethereum’s Total Value Locked dropped nearly 11% in 24 hours while Bitcoin, Tron and BSC were not as badly affected. The fallout from the $293 million KelpDAO exploit over the weekend has spread across […]
If losses are spread across KelpDAO users, that’s an 18.5% haircut, leaving a $76M gap that Aave can cover by selling assets or taking debt. The $293 million KelpDAO hack on April 18 has […]
Here’s what happened after the largest security incident of 2026 to one of the used protocols. The cryptocurrency industry saw the most violent hack of 2026 on Saturday evening when an unknown perpetrator breached […]
This became the biggest security incident of 2026 in terms of USD value. Multiple on-chain security companies and industry sleuths reported late on Saturday that the liquid restaking protocol KelpDAO had fallen victim to […]
Allaire defended Circle’s inaction during the exploit, stating that Circle only acts when the law obligates it to do so. The stablecoin issuer Circle has doubled down on its defense against criticism for failing […]
Resolv managed to burn around 9 million USR held by the attacker, but roughly $0.5 million in redemptions had already been processed. USR, an overcollateralized stablecoin natively backed by ETH and maintained by the […]
Crypto losses fell to $49M in February, but attackers are shifting toward phishing and user manipulation, says Nominis. A report by blockchain security firm Nominis shows that in February, total losses from crypto attacks […]
February was unusually quiet for crypto thieves. After months of eye-watering losses, the industry recorded just $26.5 million in total hack and scam-related damages last month — the smallest monthly figure in 11 months, according […]
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