Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain
CertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out of 30 days.
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CertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out of 30 days.
DeFi Technologies president Andrew Forson says the stablecoin layer is thriving, with more than $150 billion in U.S. Treasuries backing coins like USDT and USDC.
The Bitcoin-focused DeFi protocol suffered an attack whereby about 1,000 unauthorized eBTC $77 million were minted on the Monad blockchain
The latest attack adds to growing string of cross-chain infrastructure exploits.
For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.
The Department of the Treasury announced it’s letting crypto firms sign up for timely information-sharing on cybersecurity threats.
Ledger’s Charles Guillemet says artificial intelligence is making hacks cheaper and faster, forcing a rethink of how crypto systems stay secure.
Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal risks.
The exploit did not involve a bug in Drift’s code. It used “durable nonces,” a legitimate Solana transaction feature, to pre-sign administrative transfers weeks before executing them, bypassing the protocol’s multisig security in minutes.
The blockchain analytics firm pointed to cross-chain laundering patterns and Solana-specific tracing challenges that mirror prior North Korean state-linked operations.