Volo Protocol, a liquid staking platform on Sui crypto, was exploited on April 22, 2026, for roughly $3.5 million throughout its WBTC, XAUm, and USDC vaults, the protocol’s first materials safety breach in its 18-month historical past. The staff has pledged to soak up the losses in full, and roughly $28 million in TVL throughout…
Sui-based liquid staking platform Volo Protocol stated on Wednesday that an attacker drained roughly $3.5 million from three of its vaults, the most recent DeFi safety breach in a month already shaken by nine-figure exploits. Volo froze each vault after detecting the assault and notified the Sui Foundation. The stolen property included Wrapped Bitcoin (WBTC),…
The Kelp DAO exploit on April 18, 2026, during which attackers minted 116,500 unbacked rsETH by poisoning a single LayerZero verifier node, has catalyzed greater than $600 million in sector-wide DeFi losses over latest weeks, with cumulative injury throughout protocols approaching $1 billion. The downstream impact is now seen on-chain: complete worth locked throughout DeFi…
LayerZero has attributed the Kelp DAO exploit to North Korea’s Lazarus Group, figuring out a single-point-of-failure within the protocol’s verifier setup because the technical root trigger that made the assault potential. The breach drained an estimated $292 million from Kelp DAO’s rsETH pool on April 18, marking the biggest DeFi hack of 2026 up to…
A wave of protocol-level safety responses adopted the $292 million KelpDAO rsETH exploit on April 19, with BitGo, Polygon, and Katana transferring swiftly to isolate potential contagion. The assault drained 116,500 rsETH from Kelp DAO’s LayerZero-powered cross-chain bridge by means of a cast message that bypassed its Decentralized Verifier Network (DVN) configuration. Protocols Move to…
Polymarket will take its trade offline for roughly one hour on April 22. The downtime deploys V2, a full overhaul of its buying and selling contracts, order e book, and collateral system. The improve replaces V1 completely. Every API integration and SDK shopper should migrate earlier than the cutover or cease working. What Changes With…
Hyperbridge has revised losses from its April 13 exploit to roughly $2.5 million. That is about 10 instances the unique estimate of $237,000. The group disclosed the brand new determine in a post-incident replace on April 16. The revision provides losses from related incentive swimming pools. It additionally displays forensic work throughout 4 EVM chains….
NEAR Protocol’s largest Decentralized Finance (DeFi) hub, Rhea Finance, suffered a $7.6 million exploit after an attacker manipulated its oracle and validation layer. Blockchain safety agency CertiK flagged the incident, confirming that property have been drained throughout a number of tokens. How the Rhea Finance Exploit Unfolded The attacker deployed faux token contracts and created…
Drift Protocol has introduced a collaboration with Tether (USDT) and different companions totaling practically $150 million to fund person restoration and a protocol relaunch following its April 1 exploit on Solana (SOL). The package deal features a $100 million revenue-linked credit score facility, an ecosystem grant, and loans to designated market makers. USDT will function…
Galaxy Digital filed a letter with the SEC’s Crypto Task Force this week, arguing that automated market makers (AMMs) must be allowed to commerce tokenized securities with out registering as exchanges. The submission instantly challenges positions taken by SIFMA, the lobbying group that represents conventional Wall Street broker-dealers. Galaxy Says AMMs Fall Outside Exchange Rules…