@KelpDAO disputes @LayerZero’s claims regarding the $290 million exploit, asserting that the compromised infrastructure was LayerZero’s own, not Kelp’s. The incident involved a single-verifier setup. #Update #Crypto $ETH
The Kelp DAO and LayerZero bridge exploit could result in Aave facing up to $230 million in losses, prompting immediate risk containment measures. $AAVE #Update #DeFi
An attacker exploited Kelp’s Layerzero V2 bridge, minting 116,500 rsETH, causing $123.7M-$230.1M in bad debt across markets. Aave DAO treasury holds $181M. #Breaking #Crypto #AAVE
North Korea-linked hackers exploited @Kelp, a restaking protocol, siphoning over $500M in two weeks, revealing vulnerabilities in decentralized systems and prompting security recommendations for multiple verifiers. #Breaking #Crypto $KELP (-8) ↘
A breach at @Vercel has led crypto teams to rotate API keys after sensitive data was potentially exposed, with claims of $2M in stolen data circulating. #Breaking #Crypto $SOL
Chainalysis finds Grinex swaps inconsistent with typical law enforcement seizures, raising questions about crypto laundering tactics amid sanctions pressure. Funds moved from stablecoins to $TRX. #Update #Crypto $TRX
Grinex halts operations after a $13.74M USDT hack, attributed to foreign intelligence. Law enforcement investigates 54 wallets for recovery. Grinex under U.S. sanctions. #Breaking #Crypto $USDT
@Kraken is facing an extortion attempt by a criminal group threatening to release client data videos; no breach occurred, and client funds are secure. #Update #Crypto $BTC $ETH
Musician G. Love lost 5.92 $BTC ($424,175) to a fake Ledger app on Apple’s App Store; funds laundered via Kucoin. Ledger warns against non-official downloads. #Breaking #Crypto $BTC
The U.S. Department of the Treasury is extending cybersecurity information sharing to crypto firms, responding to industry vulnerabilities and enhancing security measures against cyber threats. #Update #Crypto $BTC
Stabble urges liquidity withdrawal after ex-employee linked to DPRK; no exploit occurred, TVL at $1.75M. New audits planned before reopening. #Update #DeFi
@Ledger’s CTO Charles Guillemet warns AI is worsening crypto security, following $285M exploit of Drift and $25M loss at Resolv. Over $1.4B lost to hacks in the past year. #Update #Crypto $SOL
@Circle is facing criticism after the $285 million Drift hack, as $71 million in USDC was stolen and moved using its cross-chain protocol, raising questions about its response to illicit activity. #Breaking #Crypto $USDC (-8) ↘
@DriftProtocol exploited durable nonces led to a $270 million loss after attackers tricked multisig signers into approving malicious transactions, highlighting vulnerabilities in operational security. #Breaking #Crypto $SOL (-8) ↘
