
Drift Protocol Engages Directly with $280M Exploit Wallets
Drift Protocol is attempting to communicate with wallets linked to a $280 million exploit, highlighting significant security vulnerabilities in DeFi.
Bitcoin, Ethereum, DeFi, Layer 1s/2s, and digital assets(279 articles)

Drift Protocol is attempting to communicate with wallets linked to a $280 million exploit, highlighting significant security vulnerabilities in DeFi.

The U.S. Attorney's Office has recovered over $600K in crypto linked to a phishing scheme targeting Ledger wallet users, emphasizing ongoing security risks in crypto.

The $285 million hack of Drift Protocol raises serious questions about security in DeFi, emphasizing the need for better cybersecurity hygiene and protocols.

Drift Protocol lost at least $270 million due to an exploit leveraging Solana's durable nonces, highlighting serious operational security vulnerabilities in DeFi governance.

Former FTX engineering head Nishad Singh has been fined $3.7 million by the CFTC for his role in the exchange's collapse, reflecting regulatory actions in crypto.

JPMorgan signals its interest in prediction markets as competition heats up with Goldman Sachs. Regulatory uncertainties remain a key concern for these institutions.

Grayscale's Zach Pandl outlines the phased evolution of tokenization, predicting significant growth in its market share and implications for traditional finance.

Sen. Elizabeth Warren has criticized the Trump administration's pressure on EU countries to relax tech regulations, emphasizing the risks to child safety online.

California's new AI contract rules escalate tensions with the Trump administration over national standards, highlighting the state's regulatory authority and its implications for the tech industry.

Bitcoin's price dips below $66K amid geopolitical tensions and bearish market sentiment, highlighting a potential trend of continued volatility.

Jonathan Spalletta faces charges for hacking Uranium Finance, draining $50 million and raising security concerns in DeFi. His case highlights vulnerabilities in the sector.

Jonathan Spalletta faces an indictment for hacking Uranium Finance, leading to over $54 million in losses. His actions highlight ongoing vulnerabilities in decentralized finance platforms.

Senator Blumenthal questions SEC's treatment of Trump-linked crypto firms amid concerns over political influence and enforcement consistency.

A trader turned $676 into $67,000 on Polymarket after a UFC announcer's mistake. This incident highlights the volatility and risks of prediction markets.

Bitcoin's recent decline below $67,000 is driven by geopolitical tensions and rising Treasury yields, affecting risk assets. Experts anticipate volatility and potential relief rallies ahead.

Kalshi is under legal scrutiny in Washington state over alleged gambling violations, highlighting broader regulatory challenges for prediction markets in the U.S.

Anthropic's recent AI model leak raises significant cybersecurity concerns, particularly for the crypto industry, emphasizing the need for enhanced security measures.

Senator Warren is scrutinizing Bitmain over national security risks tied to its Bitcoin mining equipment, highlighting geopolitical and regulatory implications.

Maxine Waters is questioning Kraken's Federal Reserve account, highlighting potential regulatory issues and consumer protection concerns.

Maxine Waters demands answers from the Kansas Fed over Kraken's master account, raising concerns about transparency and regulatory implications for the crypto industry.