Security Exploit
Coverage of Security Exploit in the Nexus archive.
- Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
Balance stablecoin experienced a 99% collapse following a $1 million exploit that drained its Bitcoin vaults. The incident highlights vulnerabilities in cryptocurrency security and financial stability.
- Ctrl Wallet to shut weeks after security exploit
Ctrl Wallet is shutting down weeks after a security exploit, with users advised to withdraw assets before functions are disabled on August 3, 2026.
- DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
DeFi protocol Summer.fi has halted the Lazy Summer vaults following a $6 million exploit. The incident highlights security vulnerabilities in decentralized finance platforms.
- The $292 million Kelp DAO exploit shows why crypto bridges are still one of the industry's weakest links
A $292 million exploit targeting the Kelp DAO highlights vulnerabilities in crypto bridges, which remain a critical weakness in the blockchain industry. The incident underscores ongoing security challenges in decentralized finance (DeFi) protocols.
- Justin Sun Offers to Negotiate With KelpDAO Hacker After $292 Million Exploit
Justin Sun, co-founder of Tron, has offered to negotiate with the hacker responsible for a $292 million exploit targeting the KelpDAO decentralized autonomous organization. The incident highlights ongoing security challenges in the cryptocurrency sector.
- Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
A security exploit in Kelp DAO triggered a liquidity crisis in the Aave lending platform, prompting a $6.2 billion withdrawal panic as users rushed to secure their assets.
- Kelp DAO’s rsETH bridge apparently exploited for roughly $292 million in LayerZero-based attack
Kelp DAO's rsETH bridge was exploited in a LayerZero-based attack, resulting in a $292 million theft. The protocol's emergency pauser multisig froze core contracts 46 minutes later, preventing further losses.