Berachain Foundation's successful $12.8M crypto recovery from Balancer hack, symbolizing enhanced DeFi security measures.
Blockchain News

Berachain Foundation Achieves Astonishing $12.8M Crypto Recovery After Balancer Hack

The decentralized finance (DeFi) world frequently faces significant security challenges. However, a recent development offers a compelling beacon of hope. The Berachain Foundation has successfully retrieved a substantial sum. This action demonstrates remarkable resilience and advanced security efforts against cyber threats. This crypto recovery sets an important precedent for the entire industry. Berachain Foundation’s Remarkable […]

Moonwell exploit: Digital padlock shattering, symbolizing a critical DeFi security breach and $1M loss on the Base protocol.
Blockchain News

Moonwell Exploit Unveils Critical DeFi Security Flaws: $1M Loss on Base Protocol

The decentralized finance (DeFi) landscape recently witnessed another significant incident. A **Moonwell exploit** has shaken the Base ecosystem. This incident resulted in a substantial $1 million loss for the Base-native lending protocol, Moonwell (WELL). Web3 security firm CertiK quickly identified and reported the breach. This event underscores ongoing challenges within **DeFi security** and highlights the […]

An illustration of a hacker figure engaged in crypto laundering after the Radiant Capital exploit, using a Tornado Cash mixer.
Ethereum News

Radiant Capital Exploit: Hacker’s Audacious ETH Purchases After $61.4M Laundering

The crypto world watches closely. A hacker linked to the Radiant Capital exploit continues their audacious activities. Recent reports indicate further Ethereum purchases. This comes after a massive $61.4 million laundering operation. The incident raises significant questions about DeFi security and regulatory challenges. Unpacking the Radiant Capital Exploit The Radiant Capital exploit shook the decentralized […]

Visual representation of the Kinto shutdown, highlighting the impact of a $1.6M crypto hack on an Ethereum Layer 2 project.
Ethereum News

Kinto Shutdown: Devastating $1.6M Crypto Hack Forces Ethereum Layer 2 Project to Close

The cryptocurrency world faces another significant setback as Kinto, a promising Ethereum Layer 2 blockchain project, officially announced its impending shutdown. This devastating news follows a substantial $1.6 million crypto hack that crippled the project in July. Consequently, the project will cease all services by September 30, marking a somber moment for its community and […]

Illustrates Venus Protocol's urgent suspension and ongoing investigation into suspicious transactions, highlighting DeFi security concerns.
Blockchain News

Urgent: Venus Protocol Suspends Operations Amid Critical Security Investigation

The Venus Protocol, a prominent crypto lending platform on the BNB Chain, has urgently suspended its operations. This critical move follows the detection of suspicious transactions. It raises immediate concerns across the decentralized finance (DeFi) landscape. Users and investors are closely monitoring the situation. The protocol is initiating a thorough investigation. Venus Protocol Halts Operations […]

Visualizing the Venus Protocol $30M exploit, showing a broken lock over a blockchain network, highlighting the security breach in crypto lending.
Blockchain News

Urgent: Venus Protocol Suffers Shocking $30M Exploit on BNB Chain

The decentralized finance (DeFi) world often presents both immense opportunities and significant risks. Recently, the **Venus Protocol**, a major **crypto lending** platform operating on the **BNB Chain**, reportedly suffered a substantial security incident. News outlets indicate a suspected **cryptocurrency exploit** amounting to approximately $30 million. This incident sends ripples across the DeFi community, prompting urgent […]

A complex digital network showing the flow of crypto laundering through cross-chain swaps, highlighting the challenge of tracking illicit funds.
Blockchain News

Alarming Surge: Crypto Laundering Via Cross-chain Swaps Soars 211%

The world of cryptocurrency, celebrated for its innovation and decentralization, faces a formidable challenge: the escalating tide of crypto laundering. A recent report from blockchain analytics firm Elliptic, as highlighted by Cointelegraph, reveals a truly alarming trend. The use of cross-chain swaps for illicit financial activities has not just risen, but soared by an astounding […]

A digital illustration of a GMX hacker converting stolen crypto to ETH, symbolizing the rejection of the white-hat bounty.
Ethereum News

GMX Hacker’s Alarming ETH Conversion: Millions in Stolen Crypto Snub White-Hat Bounty

The world of decentralized finance (DeFi) is no stranger to dramatic twists, but recent developments surrounding the GMX hacker have sent ripples of concern across the crypto community. In a move that underscores the persistent challenges of asset recovery and the audacity of cybercriminals, the perpetrator behind the GMX V1 pool incident has reportedly converted […]

Urgent: Cetus Protocol Pauses Sui DEX Smart Contract After Incident
Blockchain News

Urgent: Cetus Protocol Pauses Sui DEX Smart Contract After Incident

The world of decentralized finance (DeFi) experienced a moment of caution today as Cetus Protocol, a prominent decentralized exchange (DEX) operating on the Sui blockchain, announced a critical development. The platform has temporarily paused its smart contract functionality. Cetus Protocol Detects Smart Contract Incident According to an official communication shared via their X (formerly Twitter) […]