Two Ethereum Bridges Drained of $31.7M in Hours as B² Network Halts Staking
AFX Bridge and Verus lost a combined $31.7M in hours on July 22, while Bitcoin L2 B² Network suspended staking — three DeFi control failures in one day.
Hacks, exploits, scams and the state of crypto security.
AFX Bridge and Verus lost a combined $31.7M in hours on July 22, while Bitcoin L2 B² Network suspended staking — three DeFi control failures in one day.
Hack VC-backed perp DEX Dango halts trading July 29 and closes its Layer 1 blockchain August 13, less than four months after a mainnet launch hit by a $1.9M exploit.
Thailand's SEC has filed a criminal complaint against Bitkub and two former directors for allegedly concealing a May 2021 cyberattack worth ~$50M. Bitkub denies wrongdoing.
Robinhood confirmed CEO Vlad Tenev's X account was hacked to promote fake 'Vladhood' memecoin — deployed 46 minutes before the post, hacker still collecting fees.
A 2025 UNODC report finds Asia-Pacific scam victims lost up to $114.1B in 2024 as Southeast Asian crime syndicates merge into a unified, crypto-powered criminal economy spanning 80 countries.
An attacker drained ~$24M in USDC from AFX's Arbitrum bridge in a targeted exploit. Arbitrum's native bridge was confirmed unaffected. USDC holds its peg.
A critical nonce bug in the Zilliqa Ledger app lets attackers recover private keys from just five on-chain transactions. ZIL dropped ~10% on the disclosure.
Galaxy Digital commits $5 million to developer grants, research, and migration planning to harden Bitcoin against quantum computing threats before Q-Day hits by 2030.
US prosecutors filed five civil forfeiture cases seeking $25M+ in crypto tied to romance and investment scams, with Secret Service tracing funds to Southeast Asian launderers.
Zilliqa has asked exchange partners to pause all ZIL deposits and withdrawals after a suspected cold wallet compromise at an unnamed partner. Amount stolen unknown.