Edel Oracle Pays $24M on Future-Priced Tokenized Stock
The exploit hit Edel but the bug lives in credit markets built on tokenized equities, where 1:1 stock backing is meaningless if the wrapper, vault and exchange rate can be manipulated.
The exploit hit Edel but the bug lives in credit markets built on tokenized equities, where 1:1 stock backing is meaningless if the wrapper, vault and exchange rate can be manipulated.
The eight-shell structure and bank-to-exchange routing alleged in Wiener’s indictment match the textbook signaling pattern federal prosecutors have been flagging in crypto fraud cases since 2023.
Chainalysis puts AI-assisted scam revenue at 4.5x non-AI operations; the FBI logged $20.9B in 2025 cybercrime losses with crypto the top payment rail.
The DeFi lending protocol Morpho and sister project YEET both lost their public frontends for roughly three hours after an AWS CloudFront disruption, with user funds untouched.
The argument reframes the threat: Bybit lost $1.5B and Radiant $50M not because keys leaked, but because valid signatures authorized the wrong thing, a gap ERC-7730 and policy wallets are now trying…
A 5,908 BTC transfer out of a wallet last touched when Bitcoin traded near $16,800, now worth nearly 4x, revives the dormant-supply debate just as long-term holders already sit on record unrealized…
The first Bank of Korea hike in over three years is the macro anchor, while a $2.4M LayerZero wallet breach and Summer.fi shutdown put DeFi risk back on the table.
A wallet untouched since 2017 just shifted $382M of BTC to a fresh address, up 284% on entry; the move signals rotation, not sale, with coins still parked on-chain.
The paper identified 821 likely manipulators netting $8.2M from five-minute BTC contracts, with the cost falling on retail traders who traded against the spoofed prints.
The onchain investigator argues current hardware wallets aren't fit for signing critical transactions or storing large balances, and floated a dedicated iPhone as a stronger alternative.
The attacker converted the full haul into 12,084 ETH at ~$1,966 and routed most of it through Tornado Cash, the laundering pattern that keeps drawing OFAC's attention.
The DOJ's newest darknet-fentanyl case hits a small ring, but it keeps crypto rails squarely inside the trafficking conversation Washington is already using to pressure exchanges and mixers.
The attack fits a wider pattern: South Korea's retail-trading forums have turned violent before, and the gap between social-media financial advice and personal accountability keeps narrowing.
The attacker weaponized a registered forwarder and future-dated oracle reports to mint artificial trading profits, draining the OLP Vault before the team froze trading.
An onchain attacker drained an estimated $18M from Ostium vaults before the protocol halted trading, the latest in a string of DeFi derivatives incidents testing offchain risk engines.
The attacker used Ostium's own Gelato-run price automation against it, forging future-dated oracle reads to extract an $18M USDC payout. It is the second major oracle hit in a week.
Frederik Gregaard argues liability rules will push platforms toward identity vendors whose breaches already exposed TikTok and Discord users, and points to a privacy-preserving alternative already…
Tether had put $800M into Heka's arbitrage strategy and waived minting fees, a relationship that only became public when Circle's arbitration filing unsealed it in Boston federal court.
OFAC's designation of wallets tied to Iran's central bank is the largest US crypto sanctions action this cycle and sets a clear template for tracing state-linked on-chain funds.
A single wallet turned 1.6 ETH into 1,527 ETH on a memecoin exit, the kind of outlier return that defines memecoin rotation rather than rewards it.