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Tag: Exploit

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Ethereum

Aave rewrites the rulebook for asset listings after $293 million exploit

Miami — Aave Labs is set to fundamentally reshape how it assesses and lists collateral assets on its protocol, following the largest DeFi exploit...
DeFi

Trusted Volumes Confirms $6.7M DeFi Resolver Exploit

TrustedVolumes, an independent market maker and resolver used by 1inch Fusion, confirmed it was exploited and said about $6.7 million in stolen funds are...
Regulation

Coinbase Sued Over Withholding Frozen Crypto From $55M Defi Saver Exploit

Cryptocurrency exchange Coinbase was sued in California federal court over frozen crypto allegedly tied to a $55 million DAI phishing theft from August 2024.The...
Markets

Drift outlines a recovery plan for users after $295 million DPRK-linked exploit

Drift Protocol announced Tuesday the implementation of a recovery plan for users affected by a $295 million exploit on April 1, which it attributed...
DeFi

Drift Sets Out Token-Based Recovery Framework for $295M April Exploit

The Solana-based perpetuals exchange will issue burn-on-redeem recovery tokens funded by exchange revenue, a $127.5M Tether commitment, and another $20M from partners.Drift Protocol on...
Ethereum

Aave Challenges Law Firm’s Freeze on Kelp Exploit Ether

Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a US law firm aimed...
Ethereum

Law Firm Files Restraining Notice for Kelp Exploit ETH

A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients...
DeFi

Wasabi Loses $5M+ in Latest DeFi Exploit

Wasabi Protocol is the latest victim in what appears to be a record bad month for DeFi hacks.On-chain perpetual futures protocol Wasabi has been...
DeFi

ZetaChain Dismissed Bug Report That Could Have Prevented $334K Exploit

The vulnerability that led to ZetaChain’s recent exploit had been flagged through its bug bounty program before the attack, but was dismissed as intended...
Ethereum

A crypto coalition releases technical proposal to save Aave users from a massive token exploit

A $300 million hole doesn’t usually come with a neat repair manual. This time, the group spearheading the Kelp DAO recovery effort is trying...
Ethereum

Ethereum Backers Commit 30,000 ETH to rsETH Recovery After Exploit

Consensys and Ethereum co-founder Joe Lubin have joined DeFi United, committing as much as 30,000 ETH to a recovery effort aimed at restoring rsETH...
Markets

Who’s pledging to Aave’s $300 million DeFi recovery effort after massive Kelp DAO exploit

In the often-fractured world of decentralized finance, crises tend to expose fault lines. This time, they’re also revealing an unusual level of coordination.Aave, one...
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