Tag: Hack

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Judge clears path for Aave to move $71 million in ETH linked to North Korea hack

A Manhattan federal judge has cleared the way for Aave’s recovery effort to move forward after last month’s North Korea-linked rsETH exploit, allowing $71...

LayerZero Admits Mistake in 1/1 DVN Setup Tied to $292M Kelp Hack

LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer's unauthorized personal trade, impacting 0.36% of assets on the protocol.LayerZero...

North Korea terror victims escalate fight to seize $71 million from Aave hack

Lawyers seeking to seize $71 million in frozen ether for victims of North Korean terrorism changed their legal strategy Tuesday, arguing in a new...

Kelp DAO Accuses LayerZero of Deflecting Blame for $300M Bridge Hack

The liquid restaking protocol argues that the 1-of-1 verifier setup at the center of the April 18 exploit was LayerZero's own documented default.Kelp DAO...

The $292M crypto hack exposed DeFi’s weak spots. Here’s what must change, insiders say

The $292 million exploit of Kelp DAO and the subsequent fallout across crypto lending markets hit decentralized finance (DeFi) at a pivotal moment.Just as...

DeFi Sets New Hack Record as April Logs 28 Exploits with $635M Stolen

April's exploits were driven less by smart contract bugs and more by social engineering, bridge spoofing, and AI-assisted reconnaissance.DeFi protocols and crypto infrastructure suffered...

Carrot’s TVL Collapses 93% in a Month Following Drift Hack

Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due...

KelpDAO Hack Exposes Ethereum’s Weakest Link

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano founder Charles Hoskinson used his latest livestream to argue that the...

Arbitrum Freezes 30K ETH Tied to Kelp Hack

Ethereum layer-2 blockchain Arbitrum on Monday froze more than 30,000 Ether worth about $71.2 million held in a wallet connected to the recent exploit...

Bitcoin bounces above $76,000 as DeFi suffers $16 billion exodus after major hack

Bitcoin BTC$76,313.18 held above $76,000 on Monday, rebounding from overnight lows as the broader crypto market remained steady despite Iran war risks.The largest cryptocurrency...

Dune Analytics Reveals 47% of LayerZero OApps Use Minimal DVN Security Following KelpDAO Hack

Analysis of 2,665 LayerZero OApp contracts shows nearly half rely on single-validator security configurations, the same setup that exposed KelpDAO's rsETH to exploitation.Dune Analytics...

Nearly $1 billion in bitcoin (BTC) ETF inflows power bull case as Kelp hack fuels DeFi jitters: Crypto Daily

Market dynamics continue to paint a bullish picture for bitcoin BTC$75,263.35 even as Iran-related developments and DeFi hacks dominate headlines.U.S.-listed spot ETFs pulled in...