Decentralized Finance (DeFi)
Original $293M LayerZero bridge attack caused 43x larger $13B TVL crash across Aave (-43%) + 26 protocols. North Korea's Lazarus hits $578M in 18 days as bridges become primary attack vector. GLOBAL — The fallout from the Kelp DAO exploit has officially mutated from a singular protocol theft into a
Crypto-Crime & Laundering
Blockchain security researchers and protocol developers have identified the North Korean state-sponsored Lazarus Group as the primary suspect in the staggering $290 million theft from Kelp DAO. SEOUL, KOR — The decentralized finance (DeFi) ecosystem is reeling after a sophisticated exploit targeted Kelp DAO, a leading liquid restaking protocol. Early on
Mobile Security
The theft of a high-profile artist's retirement fund highlights a persistent vulnerability in mobile app marketplaces and the rising sophistication of "brand impersonation" attacks. SAN FRANCISCO, CA — Garrett Dutton, better known as the alternative hip-hop musician G. Love, has gone public with the loss of his
FinTech Security
The global crypto exchange confirms it is the target of a blackmail plot involving internal data, but maintains that core trading systems and client funds remain isolated and secure. SAN FRANCISCO, CA — Kraken, one of the world’s largest cryptocurrency exchanges, is currently navigating an active extortion campaign after a
Trending
In one of the largest coordinated crackdowns on decentralized finance (DeFi) crime to date, the NCA, U.S. Secret Service, and Canadian authorities have identified 20,000 victims and halted a massive multi-national "drainer" scheme. LONDON, UK — A massive international law enforcement effort dubbed Operation Atlantic has successfully
Decentralized Finance (DeFi)
In a significant policy shift, the Department of the Treasury is expanding its "Project Fortress" initiative to include digital asset firms, providing them with the same high-level threat telemetry previously reserved for traditional tier-one banks. WASHINGTON, D.C. — The U.S. Department of the Treasury has officially opened
Data Breaches
The world’s largest cryptocurrency ATM operator has confirmed a security incident involving its corporate hot wallets, leading to the unauthorized transfer of 50.9 Bitcoin. ATLANTA — Bitcoin Depot, the leading provider of cryptocurrency ATMs globally, has disclosed a significant security breach that occurred earlier this week. According to corporate
Cyber Attacks
Drift Protocol, a prominent decentralized exchange (DEX) operating on the Solana blockchain, has been targeted in a massive exploit resulting in the loss of approximately $285 million. Leading blockchain forensic firms, including Elliptic, TRM Labs, and Chainalysis, have attributed the attack to threat actors associated with the Democratic People’s