Exploit

$13B exits DeFi in 48 hours after Kelp DAO's exploit
A $292 million exploit of Kelp DAO's cross-chain bridge has wiped $13 billion from DeFi in two days, with Aave alone losing $8.45 billion in deposits. LayerZero attributes the attack to North Korea's Lazarus Group and blames Kelp's single-verifier setup. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds
The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.

Aerodrome Finance Hit by 'Front-End' Attack, Users Urged to Avoid Main Domain
The attack did not compromise the underlying smart contracts, but users are advised to avoid the compromised domains and instead use decentralized ENS domains.

Balancer Hit by Apparent Exploit as $110M in Crypto Moves to New Wallets
The affected funds include 6,850 osETH, 6,590 WETH, and 4,260 wstETH, blockchain data analyzed by CoinDesk showed.

Venus Protocol Restores Services, Recovers Stolen Funds After $27M Exploit
The DeFi lender paused withdrawals and liquidations after a malicious contract update drained tens of millions.

Bunni DEX Halts Smart Contracts After Exploit Drains $8.4M Across Chains
The exploit targeted BunniHub, the protocol's main contract system, and the funds have been traced to two Ethereum wallets.

Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week
Three high-profile exploiters have taken advantage of ether’s rally to liquidate stolen funds, pocketing tens of millions in extra profits.

Turkish Crypto Exchange BtcTurk Witnesses $48M of Suspicious Outflows Amid Hack Fears
Blockchain sleuths flagged suspicious multi-chain transfers from the Turkish exchange, prompting a suspension of deposits and withdrawals.

CrediX Team Vanishes After $4.5M Exploit in Suspected DeFi Exit Scam
Blockchain security firm CertiK says the lender’s website and X account have been offline since Aug. 4, after an attack drained millions.

DeFi Protocol CrediX Taken Offline After $4.5M Exploit
CertiK said all the stolen funds were bridged to Ethereum from Sonic.

