Tag: DeFi security
Solv Ditches LayerZero in High-Stakes $700M Bitcoin Security Move
Solv Protocol moves $700M in tokenized Bitcoin to Chainlink CCIP. Drops LayerZero bridges across Corn, Berachain, Rootstock, and TAC networks. The decision follows cross-chain security…
$16B Gone: Aave Hit Hard by KelpDAO Vulnerability Fallout
Aave shed $16.2 billion in deposits within days after the KelpDAO rsETH exploit triggered mass capital outflows across the protocol. USDC utilization on Aave V3…
DeFi Safety Standards Urgently Needed, Says Curve Founder
Curve founder Egorov warns that centralized failure points in DeFi are causing preventable and damaging hacks. Aave, rsETH, and LayerZero incidents revealed how interconnected protocols…
September Crypto Hacks Drop to $127M but Major Exploits Persist
Crypto hacks caused $127 million in losses in September, led by UXLINK and SwissBorg breaches. Could this year be one of the worst ever? September…
Venus Protocol Recovers $13.5M in Phishing Attack Funds
Venus Protocol recovered $13.5M stolen in a phishing attack linked to the Lazarus Group. This shows the challenges with Defi security and governance solutions. The…
