Crypto hacks hit record 83 incidents in Q2 as bridges account for $351M of $755M stolen
CoinTelegraph •
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Ethereum loses $459M in 34 H1 incidents; one Drift Trade hack accounts for $295M of Solana's five-incident $328M total
Quillaudits ·
Crypto hacks hit $75.9M across 40 June attacks as losses dip 7% from May
𝕏/@TheBlockCo ·
Humanity Protocol's 447M H token attack wasn't a hack—it was operational security FAIL: malware on a dev machine gave attackers full root access to 7 private keys, draining $31M+ because devs backed up keys to the wrong device during mainnet launch
humanityprotocol.notion.site ·
a16z’s Eddy Lazzarin says crypto hacks appear worse because blockchain transparency exposes exact losses instantly, while TradFi breaches often bury the true scale of damage
𝕏/@a16zcrypto ·
New research argues modern DeFi lending markets are far safer than their reputation suggests, with exploit losses now heavily concentrated in isolated edge cases
𝕏/@flipdazed ·
DeFi users are prioritizing high yields over insurance coverage, leaving billions exposed as crypto hacks outpace the risk models backing decentralized protection protocols
Coindesk ·