North Korean Hackers' 6-Month Drift Protocol Infiltration Nets $285M
Drift Protocol reveals sophisticated North Korean-linked attack involving months of social engineering, in-person meetings, and trader impersonation resulting i…
DeFi
181 articlesDecentralized Finance protocols, DeFi yield strategies, and DEX insights
North Korea's $285M Drift Protocol Hack: DeFi's Biggest Heist
North Korea orchestrated a sophisticated $285M attack on Drift Protocol, marking the largest DeFi heist in years. The breach raises critical questions about pro…
North Korean Workers Infiltrated 40+ DeFi Platforms Over 7 Years
Security researcher Taylor Monahan has identified at least 40 decentralized finance platforms compromised by North Korean IT workers. The infiltration campaign …
FBI's Wash Trading Sting Exposes Crypto's Liquidity Manipulation Crisis
Federal authorities used a honeypot token to catch exchanges and trading firms allegedly fabricating volume through wash trading, revealing systemic issues in D…
Drift Protocol $280M Attack May Qualify as Civil Negligence
Legal experts suggest the $280 million Drift Protocol hack attributed to North Korean threat actors could constitute civil negligence, raising questions about p…
SoFi Launches 24/7 Crypto-Banking Hub Bridging Traditional Finance
SoFi introduces a regulated banking service enabling companies to hold dollars, convert to stablecoins, and execute instant transfers. The platform marks a sign…
Coinbase's x402 AI Protocol Joins Linux Foundation with Major Tech Support
Coinbase's x402 agentic commerce protocol has secured backing from Google, Stripe, AWS, and Cloudflare after joining the Linux Foundation. The move signals grow…
Drift Protocol $280M Exploit Linked to Radiant Capital Hack
Drift Protocol attributes its $280M exploit to the same actors behind October's $58M Radiant Capital hack, revealing months of deliberate preparation in what ap…
Drift Protocol's $280M Exploit: Nonce Attack Exposes Solana DeFi Risks
Drift Protocol revealed a durable nonce attack as the culprit behind its $280M exploit, while critics question Circle's delayed response in freezing stolen USDC…
Circle Under Fire Over $285M Drift Hack Response Delays
ZachXBT claims Circle could have minimized losses from the Drift Protocol hack by freezing stolen USDC faster, but legal constraints around asset freezing compl…