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$4.5M DeFi Heist: Admin Access Turned Into a Money Printer

$4.5M DeFi Heist: Admin Access Turned Into a Money Printer

Source: Credix REKT In a shocking breach, an attacker with compromised admin access exploited bridge privileges to siphon $4.5 million from Credix’s DeFi protocol. Rather than exploiting bugs or breaking code, the attacker leveraged their full administrative control to mint unbacked acUSDC tokens and drain liquidity pools. This

DeFi Derivatives Explained: How Layer-2 DEXs Are Racing to Beat Centralized Exchanges with Speed, Security & Self-Custody

DeFi Derivatives Explained: How Layer-2 DEXs Are Racing to Beat Centralized Exchanges with Speed, Security & Self-Custody

Source: Deep Dive into DeFi Derivatives | MixBytes Decentralized finance (DeFi) derivatives have evolved rapidly, moving from slow, costly on-chain protocols to high-performance, nearly instantaneous trading environments rivaling centralized exchanges (CEXs). This transformation increasingly enables traders to maintain control over their assets-no custody handoffs needed-while enjoying competitive speeds and liquidity. Understanding

DeFi Platforms Fight Scams with Real-Time Token Risk Detection

DeFi Platforms Fight Scams with Real-Time Token Risk Detection

Source: DeFi platforms embrace proactive token risk detection amid rising scams | CoinTelegraph The Web3 sector is grappling with a surge in scams and fraudulent tokens. In 2024 alone, the FBI has reported that losses related to crypto fraud in the United States have hit a staggering $9.3 billion. Attackers

SuperRare’s $730K Hack Could’ve Been Prevented by Simple Testing, Experts Say

SuperRare’s $730K Hack Could’ve Been Prevented by Simple Testing, Experts Say

Source: SuperRare $730,000 Exploit Was Easily Preventable, Experts Weigh In | CoinTelegraph NFT trading platform SuperRare was hit by a $731,000 theft after a critical error was discovered in its staking contract. Experts agree this vulnerability was basic enough to have been identified and stopped with routine security practices.

Crypto Thefts Set to Hit $4 Billion in 2025 as Wallet Hacks Soar in Europe and Middle East

Crypto Thefts Set to Hit $4 Billion in 2025 as Wallet Hacks Soar in Europe and Middle East

Source: Chainalysis warns crypto criminals could net $4 billion in 2025 as wallet theft in Europe, Middle East skyrocket – The Block Key Highlights * $2.17 billion in crypto stolen in the first half of 2025, already surpassing total losses from all of 2024. * If the trend continues, total crypto thefts

Benchmarking AI Agents for Vulnerability Detection: How Well Do LLMs Spot Security Flaws?

Benchmarking AI Agents for Vulnerability Detection: How Well Do LLMs Spot Security Flaws?

Source: Benchmarking LLM agents for vulnerability research - FuzzingLabs AI-driven tools show promise in enhancing vulnerability research and securing software. To explore this potential, FuzzingLabs ran experiments assessing various large language models (LLMs) on their ability to identify vulnerabilities in vulnerable Python, Go, and C++ codebases. How the AI Agents

Crypto Wrench Attacks Push Investors Toward Safer Centralized Custody

Crypto Wrench Attacks Push Investors Toward Safer Centralized Custody

Source: CoinTelegraph Crypto custodians are witnessing a surge in demand as physical threats against investors, known as "$5 wrench attacks," increase. These attacks involve coercing victims at gunpoint or through kidnapping to surrender crypto keys, targeting traders, founders, and executives in the blockchain space. What Are Wrench Attacks?