Exploits

Inside the $3B DeFi Exploit of Acala's Crypto Platform
The exploit of one of Acala's liquidity pools demonstrates how easily billions of dollars can be siphoned from DeFi platforms, potentially wreaking havoc on an entire industry in a matter of minutes.

Optimism Token Flash Crashes 10% on False Rumors of a Major Hack
The layer 2 system’s token fell 10% on Wednesday before rebounding to its pre-crash price after its team clarified it had not been hacked for $450 million.

DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B Tokens
A bug in the protocol’s newly deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit.

Crypto’s Future Depends on Security, Ledger Exec Says
Alex Zinder, global head of hardware wallet maker Ledger Enterprises, joined CoinDesk TV’s “First Mover” to discuss Solana’s $5 million exploit and what crypto needs to do to broaden adoption.

Nomad, Slope Hacks Create New Annoyance for Their Shared Backer Circle Internet Financial
The venture-capital arm of the USDC stablecoin-issuer gave money to Nomad and Slope, which were both exploited this week.

ZB Exchange Loses Nearly $5M in Suspected Hack, Pauses Withdrawals
The self-titled “world’s most secure” exchange may be the third crypto company to suffer a multimillion-dollar exploit this week.

Solana’s $6M Exploit Likely Tied to Slope Wallet, Developers Say
Affected wallets were all confirmed to be either created or used in Slope mobile wallet apps.

Hackers Return $9M to Nomad Bridge After $190M Exploit
The popular Ethereum to Moonbeam bridge is working with law enforcement and data analytics firms.

Solana Wallets Targeted in Latest Multimillion-Dollar Hack
Over 8,000 internet-connected "hot" wallets have been compromised so far, but the source of the attack remains unknown.


