Blockonomi

Drift Protocol Secures $147.5 Million Recovery Package After April 1 Exploit

Drift Protocol secures $147.5M from Tether and partners to recover $295M in user losses after the April 1 exploit via a structured pool.
CNET on MSN

Surfshark Just Dropped a Next-Gen VPN Protocol That Could Be Faster and More Secure Than Other VPN Connections

Surfshark Just Dropped a Next-Gen VPN Protocol That Could Be Faster and More Secure Than Other VPN Connections
Business Wire

Drift Protocol, Tether, and Partners Announce Up to Nearly $150 Million Strategic Collaboration to Support User Recovery and Drift Protocol’s Shift to USDT

Drift Protocol (“Drift”) today announced a collaboration with Tether and other partners, through which Tether is proposed to contribute up to $127.5 million
BeInCrypto

Volo Protocol Loses $3.5 Million in Sui Vault Exploit Amid DeFi Hack Streak

Volo Protocol lost $3.5 million to a Sui vault exploit. The team froze all vaults and pledged to absorb the loss.

Aurelion allocates $48M in tokenized gold to new XAUE yield protocol

The XAUE protocol lets holders earn yield on tokenized gold through lending and trading strategies while maintaining exposure to the underlying asset.

Umbra Confirms $800,000 in Hack Funds Ran Through the Protocol — Pulls Its Frontend Offline

Umbra has shut down its hosted frontend after 349 Ethereum (ETH) in stolen hack funds routed through the protocol.
Blockonomi

Volo Protocol Suffers $3.5M Security Breach, Team Vows Full User Reimbursement

Volo Protocol suffers $3.5M exploit targeting select vaults on Sui network. Team freezes operations, secures remaining $28M TVL, and pledges full loss coverage.
CoinDesk

The Protocol: Kelp DAO exploited for $292 million

Crypto bridge hacks like the $292 million Kelp DAO exploit keep happening because bridges rely on trusted intermediaries and external data sources rather than fully verifying blockchain activity, creating easy opportunities for attackers to manipulate.