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Tag: Hacks

Drift Protocol Exploited for Over $200 Million in Largest Solana DeFi Hack of 2026

Drift Protocol Exploited for Over $200 Million in Largest Solana DeFi Hack of 2026

Drift Protocol exploit: Solana-based perpetuals DEX lost between $200 million and $285 million in a suspected attack on April 1, 2026. Platform response: Team confirmed “active attack,” suspended deposits and withdrawals, and urged users to proceed with caution. On-chain impact: Approximately 980,000 SOL and other assets drained; funds swapped to stablecoins with some bridged via Circle’s CCTP. Token reaction: Native DRIFT token...

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ZachXBT Links $40M Crypto Theft from US Government Wallets to Contractor's Son

ZachXBT Links $40M Crypto Theft from US Government Wallets to Contractor’s Son

ZachXBT alleges John ‘Lick’ Daghita siphoned over $40 million from US government-controlled wallets holding seized digital assets. The suspect is the son of Dean Daghita, president of CMDSS, a firm contracted by the US Marshals Service for crypto management. The exposure stemmed from a Telegram dispute where Daghita flaunted wallet balances, leading to on-chain tracing that linked funds to government seizures, including...

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Truebit Protocol Hit by $26.6M Exploit, TRU Token Crashes 99.9%

Truebit Protocol Hit by $26.6M Exploit, TRU Token Crashes 99.9%

Truebit exploit drains $26.6 million in ETH: An attacker exploited a flaw in a five-year-old smart contract to mint and sell TRU tokens, extracting funds from reserves. TRU token value obliterated: The native token fell from approximately $0.16 to near zero, losing 99.9% of its value amid liquidity evaporation. Protocol response underway: Truebit is coordinating with law enforcement and has warned users against interacting with the...

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Trust Wallet Chrome Extension compromised in Major Breach

Trust Wallet Chrome Extension Compromised in Major Breach, Leading to $7M in User Losses

Security Breach Confirmed: Trust Wallet identified a vulnerability in its Chrome browser extension v2.68, affecting desktop users and resulting in approximately $7 million in stolen funds. Reimbursements Promised: The company has committed to fully refunding all impacted users, prioritizing support and security enhancements. Update Urged: Users are advised to disable the affected version and update to v2.69 via the official Chrome...

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BingX Exchange Hack: $43 Million Cybersecurity Breach

BingX loses $43 million in a significant security breach. Hackers target hot wallets, converting assets to Ethereum and BNB. BingX promises full user compensation from its own capital reserves. The hack is part of a trend of increasing attacks on crypto platforms this week. The Incident Unveiled BingX, a Singapore-based cryptocurrency exchange known for its global user base exceeding 10 million, fell victim to a sophisticated...

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