Exploits

Wasabi Loses $5M+ in Latest DeFi Exploit
Wasabi Protocol is the latest victim in what appears to be a record bad month for DeFi hacks.

Arbitrum Freezes 30,766 ETH Linked to KelpDAO Exploit
Since the freeze, ZachXBT reported that the attackers had begun moving funds from Ethereum mainnet to Bitcoin.

Drift Protocol Vault Loses $270 Million in Potential Exploit
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.

Resolv Co-Founder Pledges 1:1 Redemptions for All Pre-Exploit USR Holders
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.

Steakhouse Financial Warns Users of Phishing Attack
The DeFi curator says existing deposits and smart contracts are unaffected, but asked users to avoid the platform until the front-end is restored.

Crypto Worth $580 Million Seized from Chinese Transnational Criminal Networks
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 DAO Caps Recovery Bounty at 10% After $128M Exploit
Balancer’s security team had earlier posted a 20% one-time offer to the attacker behind the November exploit.

Crypto Exploit Losses Hit $370 Million in January: CertiK
The security firm also revealed that wrench attacks are on the rise.

ZachXBT Highlights $282M Theft of Bitcoin and Litecoin in Hardware Wallet Scam
The investigator said the attacker swapped funds into Monero and moved BTC across chains using Thorchain.

DeFi Becomes Preferred Laundering Route For Impersonation Scams: Chainalysis
Crypto scammers are increasingly using DeFi protocols, with total losses exceeding $17 billion in 2025.





