DeFi insurance protocol Cozy Finance was exploited for approximately $170,000 on the Optimism network, with the attacker draining funds and bridging them out within 13 minutes. Blockchain security firm Blockaid flagged the attack early Monday, marking the second time Cozy Finance has been compromised.
An attacker exploited a publicly accessible vault function in Crypto DAO on July 28, draining $8.2 million in USDT from the protocol. Security firm Blockaid flagged the exploit involving the access-control bug.
The cryptocurrency industry suffered $1.1 billion in security losses during the first six months of 2026, spanning 212 verified incidents, according to a report published by blockchain security firm Blockaid.
The cryptocurrency industry experienced its most-hacked six-month period ever in the first half of 2026, with over $1 billion stolen across 212 verified exploits, according to security firm Blockaid. The losses highlight ongoing vulnerabilities in crypto security infrastructure.
DeFi perpetual futures protocol Wasabi Protocol was drained of over $5 million across Ethereum, Base, Berachain, and Blast after attackers compromised an admin key to upgrade contracts and extract funds. Security firms PeckShield, Blockaid, and CertiK confirmed the exploit.
