Global, May 2025: The decentralized finance (DeFi) ecosystem faces another stark reminder of its fragility as a critical cross-chain bridge vulnerability leads to a devastating $3 million loss for the CrossCurve protocol. This incident, forcing an immediate halt to all user interactions, underscores the persistent and high-risk nature of cross-chain infrastructure during a period of […]
Global, May 2025: The decentralized finance (DeFi) ecosystem faces another significant security test as the CrossCurve protocol suffers a suspected $3 million exploit. Security analysts and the protocol’s team confirm an attacker leveraged a smart contract vulnerability within its cross-chain bridge infrastructure, leading to substantial losses and immediate operational shutdowns. This incident highlights the persistent […]
Seoul, South Korea – May 2025: In a stunning breach that exposes critical vulnerabilities in handling digital evidence, South Korean prosecutors have been hacked for approximately 40 billion won ($28.8 million) in Bitcoin seized during a criminal investigation. The funds, confiscated in a 2021 raid on a gambling operation, vanished from 57 separate wallets in […]
Global, May 2025: The decentralized finance (DeFi) ecosystem faces another significant security breach as the prominent DEX aggregator Matcha Meta suffers a devastating exploit, resulting in the loss of approximately $16.8 million. The incident, first reported by The Block, originated from a critical vulnerability within the platform’s integration with SwapNet, allowing an attacker to drain […]
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