'All DeFi Is Unsafe': OpenZeppelin Co-Founder Ignites Debate
OpenZeppelin co-founder Manuel Aráoz declared all DeFi unsafe on May 26, urging exits from Aave and Compound. Over $1.1 billion lost to hacks in 12 months.
Hack
The ‘Hack’ section on crypto brings together news and insights on hacker attacks in the cryptocurrency world, highlighting vulnerabilities, economic impacts and security measures taken.
70 Posts
Kelp DAO $292M Hack: How LayerZero Flaw Shook DeFi
Kelp DAO lost $292M on April 18, 2026, as attackers drained 116,500 rsETH via a LayerZero bridge flaw. Aave lost $8.45B in deposits within 48 hours.
North Korea Behind 76% of Crypto Hack Losses in Early 2026
North Korea took 76% of all crypto hack losses in the first four months of 2026, per TRM Labs. $577M stolen from Drift Protocol and Kelp DAO by the Lazarus…
AI vs Smart Contracts: 72.2% Attack Rate, 36% Defense Rate
GPT-5.3-Codex hits 72.2% success attacking DeFi smart contracts but only 36% in detection mode, per Binance Research EVMbench April 2026. Cost: $1.22 per…
AI Agents vs DeFi: Anthropic Report Simulates $4.6M in Exploits
Anthropic Fellows 2026 report: GPT-5 and Claude Sonnet 4.5 simulated $4.6M in DeFi exploits on real contracts. Two live zero-days found on BNB Chain.
Three DeFi Hacks in Five Days: THORChain, Verus, Echo
Three DeFi exploits in five days: THORChain lost $10.8M on May 15, Verus Bridge $11.58M on May 18, Echo Protocol $816K on May 19. Total damage: $23.2 million.
Aave Restores WETH Lending: 95% of Kelp rsETH Recovered
Aave restored WETH lending on 6 networks on May 18, 2026, as 95% of Kelp DAO's rsETH is recovered via DeFi United. But 30,765 ETH worth $71M remain frozen in…
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