The Solana-based perpetuals exchange will issue burn-on-redeem recovery tokens funded by exchange revenue, a $127.5M Tether commitment, and another $20M from partners.

A U.S. attorney is attempting to claim ETH frozen by Arbitrum following the Kelp DAO exploit — on behalf of victims of North Korean state hackers from prior incidents.

April's exploits were driven less by smart contract bugs and more by social engineering, bridge spoofing, and AI-assisted reconnaissance.

Wasabi Protocol is the latest victim in what appears to be a record bad month for DeFi hacks.

Since the freeze, ZachXBT reported that the attackers had begun moving funds from Ethereum mainnet to Bitcoin.

Onchain data shows more than a dozen asset types drained from the Solana perp DEX's main vault address in a rapid burst of transactions.

Ivan Kozlov shared the first public update on recovery efforts nine days after an attacker minted 80 million unbacked USR tokens and extracted roughly $23 million.

The DeFi curator says existing deposits and smart contracts are unaffected, but asked users to avoid the platform until the front-end is restored.

The U.S. Department of Justice has announced a significant cryptocurrency seizure linked to Chinese transnational criminal networks, part of a broader initiative to combat global scams.

Balancer’s security team had earlier posted a 20% one-time offer to the attacker behind the November exploit.