Truebit Token Crashes 99% Following Reports of a $26M Exploit
TLDR This Thursday, the decentralized finance (DeFi) segment was shaken by the Truebit protocol exploit, which resulted in an estimated loss of $26.6 million in Ethereum.
Exploit (Latest Publications)
$107K Drained in Cross-Chain Attack: 100+ Wallets Compromised, ZachXBT Issues Warning
TL;DR Stealth Attack: Hackers drained $107K from 100+ wallets across EVM chains using small coordinated transactions, making detection harder. Security Risks: Losses under $2,000 per wallet
Weak Governance Exposed: How Oversight Gaps Enabled the Unleash Protocol Exploit
TL;DR A governance failure in Unleash Protocol allowed an attacker to steal $3.9 million without compromising the underlying blockchain or raising immediate alarms. The attacker exploited
Trust Wallet to Cover $7M Hack Losses as CZ Flags Insider Risk
TL;DR Hack Impact: Trust Wallet suffered a $7 million exploit on Christmas Day, with attackers targeting desktop extension users through version 2.68. Binance Response: CZ confirmed
USPD Hack: $1M Gone in Stablecoin Breach
TL;DR The USPD protocol suffered a critical breach that allowed an attacker to mint 98M tokens and withdraw over $1M in liquidity without triggering any alerts.
$9M Drained From Yearn Finance yETH Vault in One Transaction Exploit
Yearn Finance suffered a theft that caused a loss of nearly $9 million after an exploit that manipulated the yETH token contract. The attack began when
Yala Analyzes YU Token Incident, Sets December 15 Deadline for Solutions
Yala reported a liquidity incident involving its YU token following an exploit on September 14, when an attacker withdrew 7.64 million USDC through an unauthorized bridge.
AI-Powered Phishing Scams and Hidden Exploits Threaten Web3 Security
TL;DR AI-driven phishing scams and automated exploits caused losses exceeding $45.8 million in October. SBI Crypto lost $21 million in an attack showing laundering patterns similar
Moonwell Loses $1 Million Due to a Chainlink Oracle Failure
TL;DR The Moonwell protocol suffered an exploit on its lending platform on Base, caused by a Chainlink oracle malfunction that valued 0.02 wrstETH at $5.8 million.
Crypto Exploits Drop Sharply — Losses Shrink 22% in September, Key Insights Unveiled
TL;DR September losses: Hackers stole $127 million across 21 incidents, reflecting a 22% decline from August’s $163 million and showing a temporary easing of exploits activity.
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