exploit

The KiloEx hack. $7.4 million gone. A multi-chain NFT-ccident horror show playing out on Base, opBNB, and BSC. And a stark question looms: Are we building a cross-chain DeFi future on foundations of sand?Systemic Risk: DeFi's House of Cards?Think of the 2008 financial crisis. Subprime mortgages, bundled into securities and...

KiloEx, India’s first decentralized exchange (DEX), was recently hacked for a whopping $5 million. They quickly reported it to Hong Kong police and lodged a formal case after losing about $7 million. The exchange has been working with the Criminal Division of the Hong Kong police. These specialists are collaborating...

ZKsync, one of the most popular Ethereum Layer-2 platforms, recently experienced a $3 million security breach. Hackers made off with $5 million worth of airdrop tokens in the attack. This incident shows the risks associated with misuse of an admin wallet. It’s a shocking instance of just one of the...

On April 15, 2025, ZKsync had an enormous security exploit. This event led to the unauthorized minting of 111 million ZK tokens (at the time, valued at approximately $5 million). The event raised emergency flags all across the incident, users of the entire cryptocurrency community, but particularly interested ZKsync users...

KiloEx, a decentralized finance (DeFi) platform, tools and liquidity operations have been suspended. This decision comes on the heels of a severe security breach that resulted in losses of around $7.5 million. The attack, which was blamed on oracle manipulation and cross-chain vulnerabilities, sheds light on the systemic risks that...

ZKSync’s ZK token price plummeted following a hack. This breach provided bad actors a backdoor to mint and sell tokens. In short, what started on April 15, 2025, with a hacked admin account ultimately gave the hacker control of $5 million worth of unclaimed ZK tokens from the project's airdrop...

Needless to say, the KiloEx hack, a $7 million cross-chain exploit, has everyone in DeFi on high alert. Your initial reaction may be to blow it off as “just another life hack.” Others view it as a mere cost of doing business in the wild west of decentralized finance. I...

KiloEx, a decentralized perpetuals trading platform incubated by YZi Labs, just hit the news with a $2 million+ exploit. This incident led to total losses of approximately $7.4 million on all chains combined. As a direct result, the cross-chain attack caused the instant suspension of all platform operations. Within hours...

Imagine this: You've meticulously saved $10,000 in crypto, earmarked for your daughter's future college fund. Then, poof, it's gone. Vanished into the digital ether due to a security defect in your ultra-safe, totally hack-proof Web3 wallet. And this isn’t merely a hypothetical example. That’s the grim reality for most Phantom...