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Incident Analysis

Flash Loan Attacks Drained $1.2 Billion From DeFi in Four Years, Peer-Reviewed Study Finds

A University of Winchester study published in the Journal of Financial Crime scanned 20.63 billion transactions across seven blockchains, counting 254 successful DeFi attacks and $6.568 billion in losses between February 2020 and July 2024 — including 72 flash loan incidents worth $1.211 billion that grew more sophisticated and harder to predict over time.

Oct 7, 2026·2 min read
Hacks

X Money Bridge 'Revenue' Linked to USDG Wallet Draining via Permit Signatures, Salus Says

Security firm Salus reports that users of Revenue, an unofficial X Money-to-crypto bridge, were drained through permit signatures granting unlimited USDG spending approval, with stolen funds split 20/80 between two attacker addresses — a pattern resembling Inferno's drainer-as-a-service model, though no infrastructure link was established.

Oct 6, 2026·2 min read
Hacks

Unidentified Base Vault Drained of $6M in wstETH After Multisig Whitelist Flip

An unnamed vault on Base lost 1,783 wstETH (about $6 million) after an attacker-controlled contract was removed from the vault's whitelist and re-enabled one minute later with valid multisig signatures — the fourth Aave-linked or Base incident in a week, according to Blockaid, PeckShield, CertiK and ExVul.

Oct 5, 2026·3 min read
Security

Microsoft Confirms X Account Hijack Used to Push Fake Clippy Token

Unknown attackers compromised Microsoft's 13-million-follower X account to amplify a Clippy-impersonation account promoting a $Clippy token claimed to pair with $MSFT stock — a confirmed unauthorized-access incident that shows verified brand accounts remain prime pump-and-dump infrastructure.

Oct 5, 2026·2 min read
Incident Analysis

NEAR Intents Closes $3.8M Exploit Probe After Funds Returned On-Chain With an Apology

NEAR Intents says the full $3.8 million taken in an October 1 exploit of its cross-chain system has been returned — confirmed by a BNB Chain transaction whose input data carried a message from the address labeled 'Near Intents Exploiter 1' — and the team has stopped its investigation, urging researchers to use bug bounties.

Oct 5, 2026·3 min read
Incident Analysis

Drift Opens $295M Recovery Claims — Victims Face About One Cent on the Dollar

Six months after the April 1 exploit drained about $295.4 million from the Solana perp DEX, the Drift Foundation has opened DFX recovery-token claims: one DFX per USDT of verified losses, with initial redemptions near 0.0104 USDT as a roughly 3.11 million USDT pool begins payouts.

Oct 3, 2026·2 min read
Security

Apple Patches CoreGraphics Zero-Day CVE-2026-86950 Exploited Against Targeted iPhone Users

Apple's September 28 security updates close an out-of-bounds write in CoreGraphics, reported by Meta Product Security, that the company says may have been exploited in extremely sophisticated attacks against specific individuals on pre-iOS 27 versions — with blockchain security firms noting a suspected crypto wallet targeting angle that remains unconfirmed.

Sep 30, 2026·2 min read
Incident Analysis

Payy Post-Mortem: Invalid Burn Proof Accepted by Noir Verifier Drained $1.9M USDC

Payy's technical post-mortem pins the September 24 bridge exploit on a proving-system flaw in the deployed Noir/Barretenberg verifier, which accepted an invalid burn proof and released roughly 1.92 million USDC to a single wallet — a supply-side risk for every project using the same Aztec toolchain.

Sep 30, 2026·2 min read