DeFi Lending Protocol Term Finance Loses $8.5M to Governance Exploit
DeFi lending protocol Term Finance suffered a governance exploit, losing an estimated $8.5 million, exposing vulnerabilities in on-chain governance mechanisms.
Security Incident
Maya Protocol Exploit Drains Bitcoin and Other Assets Worth $11 Million
Summary Decentralized finance protocol Maya Protocol was hit by a security exploit, with approximately $11 million worth of Bitcoin and other crypto assets stolen. This marks another major security incident in the DeFi space recently, highlighting the critical importance of smart contract security audits. Details On-chain data shows the attacker exploited a vulnerability in Maya Protocol’s smart contracts, extracting a large amount of assets over several hours. The protocol primarily provides cross-chain liquidity pool services, supporting trading and lending of Bitcoin and other crypto assets. ...
Harmony Hit by Attack as Attacker Mints 4 Billion ONE Tokens, Price Plunges 26%
Blockchain project Harmony suffered a major security breach when an attacker exploited a vulnerability to mint 4 billion ONE tokens, equivalent to a quarter of circulating supply, causing the ONE token price to plummet 26%.
XRP Bridge Drained for $200,000 After Software Mistook Fake Deposits for Real Ones
An XRP cross-chain bridge suffered a security incident when software errors mistook fake deposits for real ones, allowing attackers to extract $200,000 worth of real XRP tokens. The bridge has been halted and the operator has filed a complaint with the FBI.
[Brief] Crypto Exchange Coinsbuy Loses $8 Million in Coordinated Two-Blockchain Attack
Core Summary Cryptocurrency exchange Coinsbuy suffered a coordinated two-blockchain attack, losing approximately $8 million in assets. Security researchers say the attackers simultaneously targeted two different blockchains, demonstrating highly sophisticated attack techniques. Event Details According to CoinDesk, Coinsbuy exchange confirmed a security incident on August 10, with attackers exploiting smart contract vulnerabilities to launch simultaneous attacks on two different blockchains. Preliminary investigations show losses of approximately $8 million. Security teams are tracking fund flows and working with blockchain analytics firms to attempt to freeze stolen assets. Coinsbuy has suspended deposit and withdrawal services on the affected blockchains and stated it will fully compensate affected users. ...
Ukraine Drone Strikes Russian Black Sea Beach, Killing Seven and Injuring 40
A Ukrainian drone struck a popular Black Sea resort beach in Russia, killing seven people including three children and injuring 40, marking a dangerous escalation of the conflict into civilian tourist areas.
[Brief] Three Killed in Moscow Restaurant Bombing
Three people were killed after a bomb detonated at a restaurant in Moscow. Security officials said a woman attempted to enter with explosives but was stopped by a guard.
Monaco Explosion Injures Ukrainian Oligarch and Family; Suspect Flees to France
An explosion targeting a prominent Ukrainian businessman in Monaco has injured three people. The device contained bolts and pellets. The suspect has fled across the border into France.
[Brief] 5 Dead Following Security Incident in Stade, Northern Germany
Five people have died following a serious security incident in the northern German city of Stade. Police have arrested two suspects.
Secret Service Shoots and Wounds Armed Man Near Washington Monument
The U.S. Secret Service exchanged gunfire with and wounded an armed suspect near the Washington Monument, in an incident that unfolded within a high-security perimeter around the White House.