Hack

How ethical hackers with just a $3,000 server found a flaw that could've put $70 billion in crypto at risk
A critical flaw in the Aptos blockchain, which was patched, gave researchers a near-90% success rate at breaking a core security guarantee, with attack costs of just hundreds of dollars.

Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack
The protocol completed a multi-stage recovery that included an independent security review. The TAIKO token has surged as much as 136% in recent trading.

Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.
The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, co-founder and CEO of Pharos, said.

Polymarket hack updated to $3.1 million days after the platform promised users full refunds
The prediction markets giant is under investigation in connection with false or deceptive marketing practices, according to news reports.

SecondFi loses $2.4 million in Cardano wallet exploit
SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it.

Aave could soar to $3,500 by 2030 on DeFi revival, says StanChart
Geoff Kendrick said Aave has moved past April's cyberattack-related market disruption and is well positioned to benefit from growth in tokenized assets and DeFi.

Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives
An attacker forged withdrawal proofs to drain about $1.7 million, the same type of flaw behind this year's biggest bridge hacks. Fast containment kept the damage small.

AI is making crypto security cheaper, faster and harder to ignore
As AI-powered security tools become cheaper, faster and more widely available, researchers said they could reshape what the crypto industry considers reasonable due diligence before deploying code, potentially altering expectations for developers and institutions.

Microsoft found malware that hijacks crypto wallets and spreads through USB sticks
The software intercepts shortcut files and directs them to install a worm that harvests private keys from the Windows clipboard and inserts its own destination wallet addresses when it detects a transfer.

Crypto’s security nightmare won’t be solved by ordinary audits
Without an update to the current auditing infrastructure, the crypto space will likely continue to suffer significant losses, explains Beyer.

