The hacker used a flash loan to inflate prices on Makina’s USD-USDC liquidity pool, and then traded to make over $4 million.
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More than $4B lost to crypto exploits in the past year
Crypto exploits had a record year in 2025, taking away $4.04B, up from around $3B in 2024. DeFi and Web3 hacks accelerated in ...
Crypto hacks underscore the urgent need for CEXs and DeFi to overhaul their security, collaborate on risk management and embrace self-regulation. The Bybit breach in February smashed the record for ...
A sophisticated attack on Aevo-rebrand Ribbon Finance drained $2.7 million from its old contract and moved to fifteen separate wallet addresses, some of which have already been consolidated into ...
Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base. Update (Aug. 4 at 2:20 pm UTC): This article has been updated to add commentary by Phil ...
Decentralized finance (DeFi) and digital assets have revolutionized finance. However, as these trends gain mainstream acceptance, cyber threats are evolving just as rapidly. With over 20 years in ...
Firelight, a new decentralized finance (DeFi) protocol, is bringing staking to XRP users, while offering protocols a form of onchain protection against hacks. Built by Sentora and backed by Flare ...
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