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The biggest DeFi exploit of the year started at a networking event with complimentary drinks — Drift Protocol disclosed on Apr. 5 that its Apr. 1 hack was the result of a six-month intelligence operation now linked with medium-high confidence to North Korean state-affiliated actors. Drift Protocol A

Solana-based decentralized exchange Drift Protocol said Wednesday it was investigating a potential $270M exploit that triggered a sharp selloff in its native DRIFT (DRIFT) token, with blockchain investigators reporting that funds — largely in the form of Jupiter Perps — were rapidly draining from th

Resolv's USR stablecoin lost its dollar peg and crashed 72% to $0.27 after an attacker exploited a flaw in the protocol's minting contract to create roughly 80 million unbacked tokens and extract approximately $25 million in Ether (ETH), leaving the project functionally insolvent with $95 million in

A flaw in Solv Protocol's (SOLV) "BitcoinReserveOffering" smart contract allowed an attacker to inflate 135 BRO tokens into approximately 567 million, then swap the position for 38.05 SolvBTC worth roughly $2.7 million, the protocol confirmed. Fewer than ten users were affected, and Solv said it wou

Unclaimed funds from Ethereum (ETH) 2016 DAO hack will fund a $220 million security initiative nearly a decade after the exploit that defined the network's early history. TheDAO Security Fund will deploy 70,500 ETH worth approximately $206.6 million that remained unclaimed in the ExtraBalance accoun