Summer Finance suffered an exploit that resulted in the loss of 6.017 million $DAI
The team says the issue affected the Lazy Summer Protocol. In response, all vaults have been paused and deposit caps across every supported network have been reduced to zero as a precaution.
The incident is still under investigation, and users are advised not to interact with the protocol until further updates are provided.
BlackRock has now logged 10 straight trading sessions of net Bitcoin outflows, with a total of 35,980 $BTC worth approximately $2.24 billion, leaving its funds over that period.
A trader turned $2.33K into $614.5K, a remarkable 261x return.
Wallet CxCTVj initially spent $2.33K to acquire 14.2M $ANSEM. So far, they’ve sold 4.2M $ANSEM for $68.1K and continue to hold 10M $ANSEM, currently valued at $548.8K.
Across both realized and unrealized gains, the position is now worth approximately $614.5K.
‼️⚠️ PROTOCOL EXPLOIT !  $TAIKO has reportedly been exploited for around $1.7M.
The attacker has already sent about 1.99M $TAIKO (worth roughly $189K) to the exchange MEXC, while still holding approximately 870.8 ETH (around $1.52M).
MEXC has frozen and suspended $TAIKO deposits atm!
TAIKO ( @taikoxyz ) has reportedly been exploited for around $1.7M.
The attacker has already sent about 1.99M$TAIKO (worth roughly $189K) to the exchange MEXC, while still holding approximately 870.8 ETH (around $1.52M).
MEXC has frozen and suspended $TAIKO deposits atm!
Humanity Protocol stored 3 of 6 keys to our Gnosis Safe holding $36,000,000 on one employee’s laptop, LOL…
> The attack began after a company employee’s laptop was compromised, exposing sensitive access.
> On Ethereum, 3 of 6 Gnosis Safe keys controlling the Hyperlane bridge ProxyAdmin were taken.
> The attacker used these keys to seize ProxyAdmin control and upgrade the bridge to a malicious contract.
> This allowed them to drain approximately 141.2M $H in a single transaction.
> On BSC, 3 of 5 Safe owner keys were also compromised through the same breach.
> The attacker repeated the ProxyAdmin takeover and deployed a malicious contract with unlimited minting capability.
> They minted over 200M $H directly to their wallet in two transactions.
Total losses are estimated at $36M+ across both chains, with funds already moved out. All bridge activity has now been paused while investigations continue with exchanges and law enforcement.
MY QUESTION:
Why “Decentralization” if one laptop stored 3 keys that can access $36M?
What then was the need for using multisig when one laptop will store all the keys? LOL