Latest DeFi News

Polygon Nears Ethereum, Robinhood in Daily DEX Trading Volume
Polygon ranked sixth in 24-hour DEX volume with $407.9 million, as Solana, BSC, and Base continued to lead decentralized trading…

Allbridge Core Hit by $1.65M Solana Flash-Loan Exploit, Its Second Since 2023
An attacker drained roughly $1.65 million from the cross-chain stablecoin bridge using a $1.12 million flash loan to distort its…

Crypto Loses Over $20M in a Week as Ostium, Across, Cascade Get Hacked
Despite multiple attacks, several protocols said user funds were fully or largely protected, limiting the overall damage.

NOXA Goes Dark After $12M in Fees, Exposing Robinhood Chain’s Single Point of Failure
The launchpad that deployed more than 60,000 tokens and out-earned Pump.fun for five straight days stopped accepting launches on July…

Across Protocol Reports First Attack on Solana After $34B in Bridge Volume
Across Protocol confirmed a Solana security incident that impacted only the Risk Labs-operated relayer, while user funds remained safe, bridge…

Solana Protocol DeFiTuna Hit by $580K Exploit, USDC Pool Left Short
The leverage protocol confirmed a loan pool flaw allowed an attacker to drain the funds, creating a critical liquidity gap…

Polychain-Backed Cascade Hacked for $1.34M in Locked User Funds
The attacker bridged the stolen 1.34 million USDC from Arbitrum to Solana before swapping it into DAI and moving it…

Ostium Pauses Trading After Alleged $18M Arbitrum Vault Exploit
Ostium paused trading after an oracle-based exploit allegedly drained nearly $18 million in USDC from its Arbitrum vault, as reported…

Blockaid Flags BarnBridge Legacy Proposals Over Token Approval Risks
Blockchain security firm Blockaid said only BarnBridge Smart Yield Governance Proposals #14 and #15 remain relevant, with one executable and…

Lumi Finance Drained of $270K on Arbitrum via Smart Account Exploit
An attacker bypassed security checks in Lumi Finance’s smart contract infrastructure on Arbitrum, exploiting an account validation flaw to drain…

Aave Picks Chainlink CCIP to Power Upcoming Multi-Chain App
Aave Labs selected Chainlink CCIP as the core interoperability layer for its upcoming app, enabling cross-chain asset transfers and vault…

BonkDAO Updates Community After $20M Treasury Governance Incident
The DAO confirmed no user funds or token contracts were compromised as it works with exchanges to recover treasury assets…

PHX-WBNB Liquidity Pool Drained of Nearly $90K in BNB Chain Exploit
An attacker used a Lista DAO flash loan to exploit a flaw in the PHX token's transfer-fee logic, draining roughly…

Crypto Loses $35M in a Week: BonkDAO, Bonzo Lend, Summer.fi Hacked
Wallet compromises, governance attacks, and oracle failures dominated crypto's biggest security incidents this week.

Hedera’s Biggest DeFi Lender Bonzo Lend Hacked for $9M, $5.25M Bridged to Ethereum
Specter and PeckShield traced the Bonzo Lend exploit as the attacker bridged over $5.25 million from Hedera to Ethereum after…

On-Chain Investigator Flags BNB Chain’s CodexField as a Potential $85M Rug Pull
The project raised more than $85 million from users before the investigation — and its response to being questioned was…

Robinhood Chain Active Addresses Hit Record High Amid Meme Coin Frenzy
Meme coins have dominated early activity on Robinhood Chain. $CASHCAT stands out as the flagship token, referencing the brokerage’s pre-launch…

Crypto User Loses $999,999 in USDT to a Single Phishing Signature
One malicious signature was all it took — and the automated script behind it was clinical enough to retry and…

Hyperliquid Token Buybacks Chip Away at Supply as Revenue Outstrips Ethereum’s Burn Rate
According to protocol design and DefiLlama accounting, 99% of these fees go to the fund. The fund then executes automated…

Robinhood Chain Tops $100 Million TVL a Week After Launch
The week-old chain hit the milestone on lending flows, not the tokenized stocks it was built for.

$6M Lazy Summer Exploit Traces Back to November’s Stream Finance Collapse
The attacker didn't break the vault's code — they weaponized an over-valued token that a dead protocol's collapse had left…

THORChain Enables Wallet-Free DeFi Swaps to Eliminate Phishing Risks
The protocol allows users to execute native cross-chain swaps by scanning a QR code or sending directly from their self-custody…

BonkDAO Hit by $20M Treasury Drain in Governance Attack, BONK Slides
A harmful proposal reportedly passed BonkDAO governance, exposing ongoing security risks in decentralized DAO structures.

EMURGO Winds Down SecondFi for Good as Cardano Hack Recovery Drags On
EMURGO says SecondFi will not resume normal operations even after audits are complete and its role is now limited to…

Summer Finance Hit by Suspected Flash Loan Exploit Worth Nearly $6M
The sender reportedly profited ~$6M using a ~$65.4M flash loan for liquidity manipulation.

Aave DAO Clears stcUSD Listing for MegaETH Lending Market
Cap Protocol confirmed stcUSD will join Aave’s MegaETH market after the DAO proposal reached quorum, enabling the yield-bearing stablecoin as…

Gnosis Pay Restores 100% User Funds After $1.8M Crypto Exploit
Gnosis Pay restored all affected balances after attackers exploited a Zodiac module flaw affecting over 5,200 wallets.

Hinkal Protocol Reveals Initial Cause Behind $820K Ethereum Exploit
Hinkal confirmed its recent exploit was limited to a single Ethereum smart contract, while deployments on all other blockchains remained…

Hinkal Protocol Exploited: $820K Laundered via Tornado Cash & THORChain
The attacker drained Hinkal through at least 14 identical 25,000 USDC withdrawals in under a minute, indicating an automated exploit.

Polygon Shuts Down Its Once-Flagship $250M zkEVM on July 1
The once-flagship zkEVM, acquired for $250M, was outpaced by rivals and ran at a loss.