Latest DeFi exploit news

A fake token worth a few thousand dollars turned into a $285 million drain on Drift Protocol in 12 minutes. Attackers hijacked governance through durable nonces and social engineering. TRM Labs and Elliptic point to North Korea.

Blockchain forensics analysts traced the $625 million Ronin bridge hack to North Korea's Lazarus Group. A breakdown of timing correlation, address clustering, and the exchange records that connected 12,000 addresses to Pyongyang.

One compromised AWS key, 80 million unbacked stablecoins, $23 million extracted in minutes. The Resolv protocol had 18 security audits. None examined whether a single off-chain key could authorize unlimited minting with no on-chain cap.