SummerFi Exploit Shows AI Logic Bugs Now Top DeFi Threat
Bridge hacks and flash-loan drains are fading, but a single logic flaw in an AI-driven DeFi protocol can now cascade across six chains at once.
Every Zipp story tagged #SmartContract, newest first.
Bridge hacks and flash-loan drains are fading, but a single logic flaw in an AI-driven DeFi protocol can now cascade across six chains at once.
A $65M flash loan inflated a redemption to $70.9M and walked away with $6M, a textbook manipulation of the Lazy Summer Protocol's smart contracts.
The same bot that once consumed 7% of Ethereum gas in a single day lost its working capital to an attacker who exploited a careless token approval — a reminder that MEV profit is one phishing-style…
Florent's rescue returns roughly $2M to original investors who had no path to the funds — a rare happy ending in an era dominated by exploit losses.
A developer has successfully recovered approximately $2 million in funds that had been trapped inside a 2016 ICO smart…
The vulnerability is still being traced, but the on-chain losses are confirmed — more than $660,000 is already gone, and the attacker is still pulling funds.