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Tag: Hacks

Judge Clears Path for Aave to Transfer Million in Frozen ETH Tied to North Korea-Linked Exploit

Judge Clears Path for Aave to Transfer $71 Million in Frozen ETH Tied to North Korea-Linked Exploit

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Aave advances recovery: Manhattan federal judge modifies freeze to permit transfer of ~30,766 ETH from Arbitrum to Aave-controlled wallet. DeFi United initiative: Coordinated response to April Kelp DAO rsETH exploit involving over $290 million in unbacked tokens. Ongoing legal tension: Terrorism judgment creditors’ claims follow the assets, highlighting risks at the intersection of DeFi, sanctions, and national...

Cryptocurrencies, DeFi, Ethereum, Front page, Hacks, News

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Arbitrum Security Council Freezes M ETH from Kelp DAO Exploiter in Emergency Onchain Action

Arbitrum Security Council Freezes $70M ETH from Kelp DAO Exploiter in Emergency Onchain Action

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Emergency freeze: Arbitrum Security Council transferred 30,766 ETH (~$70 million) from the exploiter’s wallet on Arbitrum One to a protocol-controlled address (0x…0DA0) before the native bridge withdrawal finalized. Timing: The action followed PeckShield’s alert on the withdrawal initiation and was confirmed by Lookonchain roughly 20 minutes after execution on April 21, 2026. Context: The move addresses funds traced to the April 18...

Cryptocurrencies, Front page, Hacks, News

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Circle Faces Class-Action Lawsuit Over Alleged Failure to Freeze 0M Stolen USDC in Drift Protocol Exploit

Circle Faces Class-Action Lawsuit Over Alleged Failure to Freeze $230M Stolen USDC in Drift Protocol Exploit

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Lawsuit filed: Class action initiated on April 14, 2026, by Drift investor Joshua McCollum on behalf of over 100 affected users in U.S. District Court for Massachusetts. Exploit details: On April 1, 2026, attackers drained an estimated $280–285 million from the Solana-based DEX Drift Protocol through trading, lending, and vault deposits. USDC movement: Approximately $230 million in stolen USDC was transferred from Solana to...

Cryptocurrencies, Front page, Hacks, News, Stablecoins

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Drift Protocol Exploited for Over 0 Million in Largest Solana DeFi Hack of 2026

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

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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...

Cryptocurrencies, Front page, Hacks, News

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

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

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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...

Cryptocurrencies, Front page, Hacks, News

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