Security Incidents

A $292 million cryptocurrency hack has become the year's biggest DeFi crisis, forcing industry insiders to reconsider risk management, security protocols, and market structure, according to CoinDesk. The incident is occurring as Wall Street continues to move onchain, intensifying scrutiny of

According to Zcash Foundation, Zebra 4.4.0 was released on May 2 to fix multiple consensus-level security vulnerabilities and strongly recommends all node operators upgrade immediately. The update addresses denial-of-service flaws that could halt new block discovery, block signature operation

DeFi protocols experienced significant losses totaling $606 million in April, with 12 protocols targeted in attacks spanning less than three weeks. Drift and Kelp DAO accounted for the majority of the damage, with losses of $285 million and $292 million respectively, representing approximately 95% o

According to SolanaFloor, an MEV robot exploited a vulnerability in Meteora's ANB pool to convert $0.22 USDC into $696,000 USDC in a single transaction. The ANB token fell 99% following the attack.

According to ChainCatcher, Purrlend suffered a security breach on its HyperEVM and MegaETH deployments on May 2, losing approximately $1.52 million. Attackers compromised the protocol's 2/3 admin multi-signature wallet and granted themselves BRIDGE_ROLE permissions, then minted unbacked

According to LevelBlue SpiderLabs researchers, EtherRAT, a recently identified malware, combines credential theft, remote access, and cryptocurrency wallet attacks in a single coordinated campaign. The malware is distributed through fake Tftpd64 installers hosted on fraudulent GitHub repositories de

According to ChainCatcher, hundreds of Ethereum wallets dormant for over seven years were drained by a single address today (May 2), according to crypto analyst Wazz. Aragon team member @TheTakenUser confirmed their wallet funds were transferred without authorization. The cause of the incident

According to Zcash Foundation, Zebra 4.4.0 was released today, fixing multiple consensus-level security vulnerabilities and urging all node operators to upgrade immediately. The vulnerabilities include a denial-of-service flaw that could halt block discovery permanently, sigops counting errors

According to Wasabi Protocol's official statement, the protocol suffered a security incident affecting its EVM deployment on April 30, which has now been fully contained. The Solana deployment and Prop AMM remained unaffected. The project has closed attack vectors, rotated credentials and keys, and

Hundreds of Ethereum (ETH) wallets, including some inactive for over seven years, were simultaneously compromised in an unusual transaction event on the Ethereum network, according to Coin Bureau and the cryptocurrency community. Assets from the affected wallets were moved to the same address,

Bitgo is pushing digital asset security beyond private keys with a five-layer transaction model designed to stop manipulation before execution. The system checks intent, device, identity, behavior, and policy, targeting risks before transactions are finalized. Key Takeaways: Bitgo introduced five

According to Carrot's announcement on April 30, the Solana-based DeFi yield protocol is permanently shutting down, becoming the first platform to close as a direct result of the $285 million Drift Protocol exploit in early April. The Carrot team stated in an X post that the Drift hack was

According to DeFi Llama, the number of crypto hacks rose to a record high in April, with over 20 exploits marking the most-hacked month in crypto history by incident count. The total losses exceeded $600 million, with KelpDAO's $292 million exploit and Drift Protocol's $280 million hack ranking as t

## Drift Theft Operation North Korean-state-backed spies conducted an in-person operation targeting cryptocurrency platform Drift to drain $285 million, according to reports. The operation involved months of direct engagement with the target. ## Broader North Korean Cyber Threat According to a se

According to Purrlend's official incident report, on April 25, the protocol suffered a security breach resulting in approximately $1.52 million in losses across HyperEVM and MegaETH deployments. Attackers compromised a 2/3 multisig wallet and granted themselves admin privileges including

According to The Block, Polymarket has enlisted Chainalysis on Thursday to help police insider trading and market manipulation as the prediction market seeks to raise $400 million at a $15 billion valuation and gain approval from the Commodity Futures Trading Commission to relaunch in the U.S. marke

According to TRM Labs, North Korean hackers stole approximately $577 million in cryptocurrency during the first four months of 2026, accounting for roughly 76% of all global cryptocurrency losses year-to-date. The figure highlights a strategic shift by elite units such as the Lazarus Group toward hi