Dune Data Reveals Close to 50% of Layerzero Apps Use Basic Security
A Dune Analytics report shows that nearly half of Layerzero applications rely on the lowest level of DVN security. The findings ra...
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Latest Crypto Security News
Crypto security news covering hacks, exploits, phishing, wallet drains, sanctions, vulnerabilities, and protocol risk.
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Kelp DAO attacker moves $175M in Ether after exploit: Arkham
The Kelp DAO attacker has moved $175 million of stolen Ether in an apparent bid to start laundering it after the $290 million expl...
Cointelegraph
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Arbitrum Security Council Freezes 30,766 ETH From KelpDAO Exploiter in Emergency Onchain Action
The Arbitrum Security Council froze 30,766 ether held by the KelpDAO exploiter on Arbitrum One, moving the funds to a protocol-con...
Bitcoin News
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Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack
LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperabili...
NewsBTC
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AAVE Price Plummets By 26%: $9 Billion Net Outflows Traced To Kelp DAO Hack
A $292 million hack tied to restaking protocol Kelp DAO has rippled through decentralized finance (DeFi) lending and market confid...
NewsBTC
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Arbitrum freezes $71M of Ether connected to Kelp exploit
Griff Green, a member of Arbitrum’s security council, said the group acted with input from law enforcement and “did not make this...
Cointelegraph
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Aave risk manager models 2 bad debt scenarios from Kelp DAO exploit
The first scenario is cheaper but risks rsETH depegging 15%, while the second is costlier but better protects Ethereum mainnet and...
Cointelegraph
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XRP Prepares for Quantum Future as Ripple Maps XRPL Strategy for Security Readiness
Ripple is advancing a multi-phase plan to secure the XRP Ledger against future quantum threats, targeting readiness by 2028. The e...
Bitcoin News
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A $292M Hack Created $200M In Bad Debt On Aave: Here Is What That Means For Users
Aave has shed more than 23% of its value since Friday, and the protocol that bills itself as DeFi’s most trusted lender is now man...
NewsBTC
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Incident Report: Llamarisk, Aave Service Providers Detail Kelp rsETH Hack Across Ethereum and Arbitrum Markets
An incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH...
Bitcoin News
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Chainalysis Flags Critical Blind Spot in DeFi Security as $292M Exploit Bypasses Burn Verification
A $292M DeFi exploit is intensifying concerns over hidden vulnerabilities in cross-chain systems. The incident underscores how fla...
Bitcoin News
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$14B Vanishes From DeFi Ecosystem After KelpDAO Exploit Rocks Lending Markets
Following the KelpDAO exploit that resulted in the loss of nearly $300 million, the decentralized finance ( DeFi) ecosystem has ex...
Bitcoin News
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Layerzero Claims Zero Contagion After $290M Exploit as Disputed Narratives Deepen Scrutiny
DeFi bridge security is under sharper pressure after a major exploit exposed structural weaknesses in verifier design and infrastr...
Bitcoin News
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LayerZero says Kelp setup enabled exploit, as Aave loss questions mount
LayerZero said that Kelp’s DVN setup allowed the $290 million exploit, as investors questioned which protocol would step up to cov...
Cointelegraph
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$290M KelpDAO Hack SHOCK: LayerZero Points to Fatal DVN Flaw, Lazarus Suspected
Key Takeaways: KelpDAO was exploited to the tune of approximately $290M in a targeted attack involving a more advanced attacker, m...
CryptoNinjas
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Cloud hosting firm Vercel confirms ‘limited’ hack of user info
Vercel has confirmed it was compromised after a member of a hacking forum put the company’s information up for sale for $2 million...
Cointelegraph
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The quantum gap: Why Bitcoin and Ethereum are taking different paths on security
Why Bitcoin and Ethereum are taking different paths to address future cryptographic risks and long-term blockchain security.
Cointelegraph
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Aave's TVL tanks $8B a day after $293M Kelp DAO hack
The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.
Cointelegraph
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