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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
North Korea’s Lazarus Group is preliminarily attributed with draining approximately $292 million in rsETH from KelpDAO on April 18, 2026. The state-backed hacking entity has been responsible for billions of dollars stolen from the crypto industry over the last few years. Key Takeaways: Lazarus Group drained 116,500 rsETH from KelpDAO on April 18. The Arbitrum … Read more
The Aave rsETH/wrsETH market froze abruptly, leading to a rapid series of withdrawals, including one notable exit tied to a wallet connected with Justin Sun. And this whopper of a withdrawal highlighted both the speed and weaknesses that come along with DeFi (decentralized finance), just minutes after the platform ceased trade. On April 18 at … Read more
An incident report published by Llamarisk to the Aave forum explains that a bridge exploit targeting KelpDAO’s Layerzero V2 rsETH route on Saturday allowed an attacker to extract 116,500 rsETH from Ethereum’s OFT adapter without burning any tokens on the source chain. Llamarisk’s report notes that this incident exposed Aave V3 markets to potential bad … Read more