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Carrot, the Solana-based decentralized finance ( DeFi) yield protocol, announced its shutdown on Thursday, following direct losses tied to the April 1 exploit on Drift Protocol, which drained approximately $285 million from the Drift platform in minutes. Key Takeaways: Carrot ( DeFi Carrot) shut down April 30, 2026, citing the $285 million Drift Protocol exploit … Read more
April 2026 closed as the most-hacked month in crypto history by incident count, with Defillama confirming 28 to 30 separate exploits and more than $625 million stolen across the industry. Key Takeaways: Defillama confirmed April 2026 as the most-hacked month in crypto history, with 28-30 incidents totaling over $625M stolen. Drift Protocol lost $285M on … Read more
An attacker seized control of Wasabi Protocol’s deployer admin key on Thursday, draining an estimated $4.5 million to $5.5 million from perp vaults and liquidity pools across three blockchains. Key Takeaways: An attacker drained $4.5M to $5.5M from Wasabi Protocol by compromising the deployer EOA admin key on April 30, 2026. Virtuals Protocol froze margin … Read more
Blockaid recently pinpointed and red-flagged that the Aftermath Finance’ perpetuals trading system on the Sui Network was under active exploitation. The alert spread like wildfire within the crypto community, sounding alarms that a vulnerability had allowed an attacker to steal significant amounts of funds in mere minutes. The analysis shows that $1.1 million in USDC … Read more
Andean Medjedovic, the Canadian national charged by the U.S. Department of Justice for stealing $65 million across two decentralized finance ( Defi) exploits, moved 2,900 ETH worth $6.8 million to Tornado Cash on Wednesday. Key Takeaways: Andean Medjedovic moved 2,900 ETH worth $6.8 million to Tornado Cash on April 29, 2026. The DOJ charged Medjedovic … Read more
A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April 18 KelpDAO exploit. Key Takeaways: Aave Labs, KelpDAO, and three other protocols filed a Constitutional AIP on April 25 to release 30,765.67 ETH frozen by … Read more
Volo Protocol, a liquid staking and BTCFi platform on the Sui blockchain, confirmed a $3.5 million security exploit this week, tied to a compromised vault admin private key. Key Takeaways: Volo Protocol lost $3.5 million from three Sui-based vaults on April 21, 2026, following a compromised admin private key. GoPlus Security and ExVul confirmed a … Read more
Blockchain analyst Wenzhao Dong observed that the Lazarus Group demonstrated a sophisticated grasp of market liquidity. Rather than engaging directly in spot markets, the attackers strategically routed their activity through Aave, effectively shifting the risk onto the lending protocol. Key Takeaways: The Arbitrum Security Council and SEAL 911 froze 30,766 ETH on April 18 to … Read more
A cross-chain message forgery drained 116,500 restaked ether from KelpDAO on April 18, triggering what Cardano founder Charles Hoskinson called the largest DeFi exploit of the year and a contagion event that pulled billions in total value locked from the broader ecosystem within 48 hours. Key Takeaways: An attacker exploited KelpDAO’s cross-chain bridge on April … Read more
Curve Finance founder Michael Egorov is calling for industry-wide security standards after a wave of DeFi exploits. Investors say repeated failures are part of the sector’s evolution, not a sign of decline. Key Takeaways: Curve Finance’s Michael Egorov has urged for industry-wide DeFi standards after recent onchain exploits, targeting centralized weak points. Requests Ethereum and … Read more