Daily Crypto News & Musings

Latest News and Articles about DeFi Hack

$292M DeFi Hack Shakes Kelp and Aave: Are Cross-Chain Bridges Crypto’s Achilles’ Heel?

$292 Million DeFi Hack: Exposing Critical Security Flaws in Crypto Lending A devastating $292 million exploit has jolted the decentralized finance (DeFi) sector, targeting Kelp’s rsETH token through a glaring vulnerability in a LayerZero cross-chain bridge. Coming just weeks after a $285 million breach of Solana’s Drift protocol, this attack sparked a frenzied $6 billion […]

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Solana’s Drift Protocol Hacked for $270M in Largest DeFi Breach Ever

‘Terrifying’ Solana Hack: Drift Protocol Suffers $270 Million Loss in Historic DeFi Breach A devastating security breach has struck the Solana ecosystem, with Drift Protocol, a key decentralized finance (DeFi) platform, losing a staggering $270 million in what stands as the largest hack in Solana’s history. Solana co-founder Anatoly Yakovenko labeled the incident as “terrifying,” […]

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Drift Protocol’s $280M Hack: A Six-Month DeFi Con Exposes Human Weakness

Drift Protocol’s $280M Hack: A Six-Month Con Job Exposes DeFi’s Human Flaw A staggering $280 million heist struck Drift Protocol on April 1, not through a glitch in code, but via a meticulously crafted six-month con job that duped even the sharpest minds in decentralized finance (DeFi). This isn’t just a hack; it’s a brutal […]

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Drift Protocol Hit by $285M Hack and Insider Token Dump Scandal on Solana

Drift Protocol Reeling from $285M Hack and Insider Token Dump Scandal Brace yourselves—Drift Protocol, a Solana-based perpetual futures exchange, has been rocked by a staggering $285 million hack on April 1, 2026, traced to North Korean-linked hackers. As if losing a fortune wasn’t enough, suspicious token transfers tied to the Drift team have ignited a […]

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Maryland Man Faces 30 Years for $54M Uranium Finance DeFi Hack

$54M DeFi Hack: Maryland Man Faces 30 Years for Uranium Finance Crypto Theft A Maryland man, Jonathan Spalletta, finds himself in the crosshairs of federal prosecutors after allegedly orchestrating a audacious $54 million heist from Uranium Finance, a now-defunct crypto exchange. Charged with computer fraud and money laundering, Spalletta’s case out of the Southern District […]

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GANA Payment Hacked: $3.1M Stolen in Latest Binance Smart Chain DeFi Exploit

GANA Payment Hacked for Over $3.1 Million: Another DeFi Disaster on Binance Smart Chain Waking up to find $3.1 million of your project’s funds snatched by a faceless hacker is the stuff of nightmares. That’s the harsh reality for GANA Payment, a fledgling decentralized finance (DeFi) protocol on the Binance Smart Chain (BSC), struck by […]

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