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Jun 9, 2026

AI-Assisted Hackers Steal $36.7M from Unverified DeFi Smart Contracts in First Half of 2026

Attackers exploited unverified smart contracts to drain $36.7 million from DeFi protocols across at least four incidents between January and May 2026, with the largest attack targeting Truebit in January.

Jun 9, 2026·2 sources
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Top claims

  • ▪The exploited contracts had not been verified on a blockchain explorer, meaning their source code was not publicly available for review
  • ▪Advances in AI and smart contract decompilation tools are making it easier for attackers to reverse-engineer closed-source code
  • ▪Chainalysis recommends that protocols treat source code verification as a minimum security standard and expand bug bounty coverage

Topics

Smart contract auditingDeFi securityDeFiAI securitySmart contracts