Latest DeFi News
Code4rena Announces Wind Down After Securing Billions in DeFi
The competitive smart contract auditing platform will complete all active contests before shuttering its platform in late Q2.
Aave CEO Backs CLARITY Act Ahead of Senate Banking Committee Markup
Founder Stani Kulechov says the CLARITY Act could boost U.S. DeFi innovation ahead of a crucial Senate Banking Committee markup…
Kelp DAO & Aave Set to Resume rsETH Operations After $292M Exploit Recovery
Kelp DAO said it will refill 117,132 rsETH over two weeks and resume withdrawals within 24 hours of the first…
Legend Announces Shut Down, Tells Users to Withdraw Assets by July 12
Co-founder Jayson Hobby said Legend failed to achieve the scale needed to despite building a mainstream-focused on-chain finance platform.
Drift Foundation Lays Out Post-Exploit Roadmap for User Reimbursements
DIP-10 outlines how residual assets will be sold, user balances calculated, and recovery payments funded following the $285 million Drift…
Aurellion Labs Drained of $455K USDC in Diamond Proxy Exploit
The vulnerability underscores a common pitfall in Ethereum-based diamond architecture (EIP-2535), where initialization logic must be rigorously protected across all…
Ondo Finance Surpasses $1B TVL in Tokenized Stocks and ETFs
Ondo Global Markets crossed $1 billion in TVL within eight months, capturing over 70% of the tokenized stock market.
CIP-86 Passed: CoW DAO Begins Compensation for April Attack
CoW DAO says the protocol was not hacked, but affected users will be compensated through a discretionary grants program starting…
Multi-Chain Wallet Breach Drains $665K Across 50+ Victims Cluster
On-chain investigator Specter says the exact key leak remains unknown, with investigators now turning to victim outreach to trace the…
Fake TronLink Extension Targets TRON Users in Phishing Scam
Attackers used Unicode spoofing and fake Chrome trust signals to make a malicious TronLink extension appear legitimate and bypass detection…
INK Finance Exploited on Polygon, $140K USDT Drained in Flash Loan Attack
Blockaid revealed that attackers exploited a whitelist validation flaw in INK Finance’s Workspace Treasury Proxy on Polygon, using a $25,000…
LayerZero Fallout Pushes $2B Crypto Protocols to Chainlink
Chainlink CCIP has gained momentum as major crypto protocols shift away from LayerZero following security concerns and exploit fallout.
LayerZero Says “We Own That” After $292M Kelp DAO Hack, Admits Security Mistake
Three weeks after the $292 million Kelp DAO exploit, LayerZero admitted its single-verifier setup was a mistake, apologized for its…
1inch Pushes Intent-Based Swaps to Combat MEV Exploits
The DeFi aggregator says off-mempool execution and resolver competition can help users avoid front-running, sandwich attacks, and hidden trading costs.
Solv Shifts $700M BTC Assets to Chainlink CCIP Over Bridge Risks
Solv says cross-chain bridges remain highly vulnerable in DeFi, prompting reduced exposure after repeated exploits exposed weak legacy designs.
Aave Escalates Recovery Push After rsETH Exploit Liquidations
Attackers exploited the rsETH bridge using a forged message, releasing 116,500 tokens without locking assets on Ethereum.
TrustedVolumes Exploit Drains $5.9M Through 1inch Liquidity System
On-chain records show that the 1inch market maker/resolver was exploited for ~$5.9M, with the exploiter swapping the stolen funds for…
Ekubo Protocol Exploit Sees $1.4M Drained in 85 Transactions
The protocol confirms swap router breach on EVM chains; security firms warn that "unlimited approvals" allowed attackers to bypass authorization…
KelpDAO Blames LayerZero, Shifts to Chainlink’s CCIP After $292M Hack
KelpDAO says it used LayerZero’s default setup, noting the 1-1 DVN model was widely adopted across the network at the…
Aave Files Motion to Unfreeze $71M ETH Tied to KelpDAO Exploit
The filing challenges seizure attempt linked to North Korea case, says frozen assets were recovered for victims and should be…
Wasabi Protocol Update: EVM Breach Triggers Lockdown and Probe
The protocol issued an update on May 3, allowing safe withdrawals while warning users to avoid interacting with exposed EVM…
Solana Bot Turns 23 Cents Into $696K in Arb Trade After ANB Token Crashes
The episode underscores a recurring reality in the DeFi ecosystem: retail participants rarely stand a chance against professional MEV operators…
Aptos-Based Tapp Exchange Shutdown Raises Fresh DeFi Stability Concerns
The DEX is set to wind down by May 31, 2026, marking another high-profile exit in a brutal year for…
Carrot Becomes First DeFi Casualty of $285M Drift Exploit, Shuts Down 30 Days After Hack
The Solana-based yield protocol—operator of CRT, Boost, and Turbo—has set a May 14 withdrawal deadline before force-deleveraging all positions to…
Arbitrum DAO Starts Vote to Release $71M in Frozen Kelp Hacker ETH to DeFi United
The temperature check on the Constitutional AIP from Aave Labs, Kelp DAO, LayerZero, Etherfi, and Compound runs until May 7.
Is DeFi Safe? $635M Drained in April’s Record-Breaking Attack Wave
Total crypto losses approach $16.5 billion as April 2026 becomes a "perfect storm" of social engineering, infrastructure hijacking, and smart…
May Token Unlocks Hit $2.24B as L2 Trio APT, STRK, ARB To Flood Market
Analyzing the $2.24B Supply Surge, the "L2 Squeeze," and Massive Dilution Risks for PYTH and SXT.
“Withdraw Now”: Berachain Issues Urgent Warning After Wasabi Hack
Berachain says about $50,000 in user assets is at risk, while reward vaults linked to Wasabi have been paused.
Wasabi Protocol Hack Drains $5M Across Ethereum, Base, and Blast
Largest single outflow included ~840.9 WETH worth over $1.9M, with sUSDC, PEPE, MOG, NEIRO, and cbBTC also drained in the…
DeFi United Emerges as Industry Response to Kelp DAO Crisis, Restoring Aave Confidence
Following the April 18 bridge exploit that left a $293M hole in Kelp DAO, the “DeFi United” coalition has secured…
