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.
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.
