Blockaid Flags $11.58M Active Exploit on Verus-Ethereum Bridge
An ongoing attack on the Verus-Ethereum bridge has pulled roughly $11.58M out so far, with Blockaid's exploit detection catching the live drain rather than a post-mortem tally.
An ongoing attack on the Verus-Ethereum bridge has pulled roughly $11.58M out so far, with Blockaid's exploit detection catching the live drain rather than a post-mortem tally.
After $16.5B in cumulative DeFi exploits, the latest THORChain incident is forcing protocols toward the centralised-style controls they once resisted — Aave's rsETH bad debt is the canary.
DeFi lending protocols have lost $7.7B to exploits since 2020, yet coverage sits at 0.14% of TVL — users keep chasing yield while the sector's own insurance stack shares the same vulnerabilities as…
The contracts worked exactly as written — the problem was operational. As shared bridge infrastructure concentrates, a single LayerZero-adjacent weakness can cascade across the protocols sitting on…
Two of the world's largest derivatives exchanges are warning that an anonymous crypto perp venue could leak directly into the price of physical oil — a tradFi-on-DeFi contagion thesis regulators…
The capital flight — triggered by April's $292M Kelp DAO exploit — is reshaping the cross-chain bridge market, with Chainlink's CCIP picking up clients and scrutiny that LayerZero once dominated.
ZachXBT flagged the cross-chain drain on Tuesday, and the protocol paused trading within hours — the second major halt in a year for a venue positioned as a native-asset swap layer.
Two crypto exploits last month drained nearly $600 million in combined losses, with investigators linking both attacks…
Thorchain, the decentralized cross-chain liquidity protocol, has been exploited across at least four major networks —…
A four-chain drain hitting BTC, ETH, BNB and Base layers puts THORChain back on incident-watch — the fourth or fifth security event on a protocol that has been here before.
The pause and the missing post-mortem are the real story: cross-chain bridges have absorbed more than $2.8B in thefts since 2021, and Thorchain has not yet named the attack vector.
On-chain investigator @zachxbt flagged the multi-chain drain minutes after the funds started moving; the $10M mark is a live count and likely to climb as the attacker's wallets are tracked.
On-chain data from HypurrScan shows trader Evaded (@ICanPlug) opened a 1x leveraged long position in $CBRS worth…
The case hinges on a stablecoin-specific legal hook: Tether already froze OFAC-designated Tron wallets, and the plaintiffs want the court to order it to reissue that USDT to terrorism-judgment…
A newly created Bitcoin wallet (bc1qgm…) withdrew 676.72 BTC — worth approximately $55.12 million at the time — from…
Binance Research frames the share as small, but the absolute stock of laundered funds keeps growing — and the bottleneck is now mixer capacity, not just tracing.
Ronghui Gu says the cost gap is structural: attackers lean on AI to scan operational and supply-chain gaps faster than white-hat budgets can keep up, while the Arbitrum freeze fallout threatens…
On-chain data from HypurrScan shows loracle.hl (@loraclexyz) is currently short 29,772 XYZ:CBRS worth $11.22 million at…
The three-way public-private unit says intercepted illicit proceeds jumped 43.9% in 2025 — a figure that doubles as a counterweight to the industry-wide 'crypto = crime' narrative.
The drops expose the legal thin ice under synthetic private-company exposure — tokenized PreStocks have no claim on actual equity, so the price is whatever market participants believe the wrappers…