bitcoin bridge security
Key Takeaways:On September 12, 2026, a Chainflip attacker drained 736,442.17 USDT in ~90 minutes across 8 escalating attempts by exploiting the protocol's Tron memo parsing logic — not any flaw in Tron itself or the USDT contract.The root cause was the absence of cryptographic binding
DeFi security
April 2026 marked one of the most devastating months in DeFi history, with over $606 million lost to protocol exploits in just 24 days. While two massive incidents—Drift Protocol's $285 million social engineering attack and Kelp DAO's $293 million bridge exploit—dominated headlines, a series
drift protocol hack
On April 1, 2026, the Drift Protocol—Solana's largest perpetual futures exchange—lost $285 million in under 60 seconds. This $285M Drift Protocol hack resulted from a six-month North Korean social engineering operation that compromised multisig signers, not from smart contract vulnerabilities or oracle manipulation. State-sponsored