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Topic Archive

#DeFi security

11 Stories Found
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Tendril Exploit Drains Roughly $555K in USDT After Sell Hook Flaw
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Tendril Exploit Drains Roughly $555K in USDT After Sell Hook Flaw

Key Highlights The TENDRIL token contract was exploited on BNB Chain through manipulated burn operations and reserve alterations, draining nearly the entire USDT liquidity pool on PancakeSwap. Total losses are estimated at up to $555,000, with initial tracking reports from TenArmorAlert pegging figures around $309,000 before comprehensive disclosures from ExVul and ScaleBit confirmed over $550,000 ...

THORChain Restarts Most Swaps as 14 Nodes Await Upgrade
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THORChain Restarts Most Swaps as 14 Nodes Await Upgrade

Key Highlights: THORChain has resumed Bitcoin, Ether, and Tron swaps following an emergency pause triggered by an Ethereum block reorganization on October 31. Trading for Cosmos Hub and Solana remains restricted, with network operators actively deploying patch version 3.21.1 to resolve lingering swap performance issues. The protocol’s recovery coincides with an FBI warning urging infrastructure ...

Altcoin Project Halts Block Production and Withdrawals Following Attack Alert
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Altcoin Project Halts Block Production and Withdrawals Following Attack Alert

Key Highlights: The zkLink Nova development team has placed its ecosystem under an extensive security review following an exploit targeting compromised contracts and associated components. Network operations and external asset transfers will remain offline until security risks are definitively eliminated, with no definitive timeline announced for reactivation. The exact financial scale of the incident remains ...

Swell Pauses swETH and rswETH Withdrawals as Exchange Rates Surge 6% Above NAV
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Swell Pauses swETH and rswETH Withdrawals as Exchange Rates Surge 6% Above NAV

Key Highlights: Swell paused deposits and withdrawals for its liquid staking and restaking tokens, swETH and rswETH, following reports of suspicious activity and artificially inflated exchange rates. Security researcher Spreek warned that admin keys appeared compromised with four malicious upgrade contracts deployed, creating a potential risk to approximately 2,500 ETH ($5.9 million), though the contracts ...

Chainalysis Exposes Exploit Behind $4.7 Million Stablecoin Attack
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Chainalysis Exposes Exploit Behind $4.7 Million Stablecoin Attack

Key Highlights: The recent X100 exploit has injected uncertainty into the broader cryptocurrency market, triggering mixed price action across digital assets. Security and on-chain intelligence firms, including Chainalysis, continue to focus on assessing decentralized system vulnerabilities and tracing stolen funds. The breach is expected to drive heightened regulatory scrutiny and force decentralized finance (DeFi) platforms ...

$1B Flash Loan Attack Exposes Hidden DeFi Money Laundering Risks
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$1B Flash Loan Attack Exposes Hidden DeFi Money Laundering Risks

Key Highlights An attacker orchestrated a complex multi-protocol exploit on September 6, leveraging over $1 billion in flash loans and borrowing $788 million across three Aave V3 markets to target Balancer V1. Aave incurred zero direct losses as the attacker returned all borrowed capital within the same transactions, bypassing balance-based detection mechanisms. Blockchain security firm ...

Fetch.ai Loses $2M After Security Flaw Discovered
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Fetch.ai Loses $2M After Security Flaw Discovered

Key Highlights Fetch.ai suffered an approximately $2 million exploit targeting its TokenConversionManagerV3 smart contract via a flawed conversionIn() function and a leaked private key. The breach drained the contract’s entire FET token balance, prompting a market pause with reported trading volume dropping to $0 amid trader uncertainty. Security firm SlowMist Team flagged the vulnerability, underscoring ...

Trezor Expands Clear Signing Support with ERC-7730 Integration
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Trezor Expands Clear Signing Support with ERC-7730 Integration

Trezor has officially integrated clear signing support through the ERC-7730 standard, marking a significant advancement for transaction transparency on the Ethereum network. The announcement, highlighted by the Ethereum Foundation, addresses a critical need for users to fully comprehend the details of what they are authorizing, thereby fostering a safer environment for decentralized finance (DeFi) interactions. ...