Exploits

IoTeX offers cross-bridge hackers 10% bounty if they return $4.4 million within 48 hours
Raullen Chai, IoTeX co-founder and CEO, told CoinDesk he would not press charges if the stolen assets or its equivalent is returned within 48 hours.

Specialized AI detects 92% of real-world DeFi exploits
New research claims specialized AI dramatically outperforms general-purpose models at detecting exploited DeFi vulnerabilities.

Trust Wallet users lose $7 million to hacked Chrome extension
Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses will be reimbursed.

Berachain Halts Network to Contain Balancer-Linked Exploit, Conduct ‘Emergency Hard Fork’
The pause allows developers to roll out an emergency hard fork aimed at isolating compromised contracts and recovering affected assets before resuming operations.

Bunni DEX Shuts Down, Cites Recovery Costs After $8.4M Exploit
The team cannot afford the cost of relaunching the protocol, which would require significant investment in audits and development.

Memecoins Under Pressure as SHIB, Dogecoin Slide After Shibarium Loses $2.4M in Hack
The BONE token involved in the flash loan attack has nearly erased the initial spike alongside losses in top memecoins.

SwissBorg’s SOL Earn Wallet Exploited for $41.5M After Partner's API Is Compromised
Roughly 192,600 SOL was drained from a counterparty wallet tied to a SOL Earn product on Swissborg. The crypto exchange committed to making the losses whole.

Tether Invests in Blockchain Forensics Firm Crystal Intelligence to Fight Crypto Crime
Tether aims to curb illicit use of its USDT stablecoin as cryptocurrency-related scams and fraud increase.

Sui's Cetus DEX Is Back Online After $223M Exploit
Liquidity pools have been restored to between 85% and 99% of their original levels.

$302 Million Lost to Crypto Scams, Hacks, and Exploits in May: CertiK
The largest attack was the $225 million exploit of the Cetus Protocol.

