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Summer.fi Hacked for $6m USDC in Sophisticated DeFi Exploit

11 Jul 2026 1 minute read 0 comments Yugocean

     Recently, sophisticated hackers exploited vulnerabilities in the AI automation and smart contracts of the DeFi platform ‘SummerFi’, making off with approximately $6m USDC. The platform has now paused all vaults as a result.      The Summer.fi...

Bridges are Hackers' hotspot

23 Jun 2026 1 minute read 0 comments Yugocean

     In the cryptoverse, "cross-chain bridges" — which connect different blockchains — are proving to be the weakest link regarding security. While these bridges facilitate the transfer of digital assets across various networks, the complexity of the...

Trust Wallet Chrome Extension Breach

27 Dec 2025 1 minute read 4 comments Yugocean

A Supply Chain Attack      On 25 December 2025, a significant breach occurred via the Trust Wallet Chrome extension, resulting in the theft of approximately $7 million in cryptocurrency. Attackers compromised version 2.68 by injecting malicious code,...

Hackers Exploit CoinDCX in Major Security Breach

1 Aug 2025 1 minute read 3 comments Yugocean

The Hack Hackers targeted India-based crypto exchange CoinDCX by luring employee Rahul Agarwal with a fake part-time job offer. Malware was installed on CoinDCX’s internal device, allowing the attackers to gain access to the company's wallet. They th...

GMX Hacker Turns White Hat in a Settlement

12 Jul 2025 1 minute read 2 comments Yugocean

White Hat Deal      The hacker responsible for breaching GMX has agreed to return 42 million in stolen assets in exchange for a5 million white-hat bounty. This surprising development has caused a stir across the crypto community, with many questionin...

Cetus will compensate the victims of hacking

28 May 2025 1 minute read 0 comments Yugocean

     The Cetus protocol, a decentralized exchange (DEX) on the SUI blockchain, was the victim of a major hacking due to a smart contract vulnerability. Now Cetus plans to compensate the affected users.   The Hack      Five days ago, Cetus suffered a...

Solana based DeFi protocol Loopscale exploited

27 Apr 2025 1 minute read 0 comments Yugocean

     Loopscale Suffers Exploit, Resulting in Nearly $40 Million Loss — Lets check it in a closer look Source   What is Loopscale?      Loopscale is a Solana-based DeFi protocol that aims to improve capital efficiency in lending markets by dire...

Lazarus Group has made North Korea rich

17 Mar 2025 1 minute read 5 comments Yugocean

Increase in BTC HODL      The Lazarus Group, led by Park Jin-hyok, which operates on behalf of the North Korean government, has successfully converted the hacked Ether (ETH) into Bitcoin (BTC) following the recent Bybit attack. Consequently, the Nort...

Fantom Foundation Hacker Strikes Again with hack of unknown wallet

2 Mar 2025 1 minute read 3 comments Yugocean

     Recall the Fantom Foundation's $7 million hack in 2023; the hacker is back with a more advanced masterplan. Let's find out more.   Fantom Foundation Hacker Returns      Crypto sleuth ZackXBT has revealed that assets worth $3 million were hacked...

FBI Confirms North Korea hacked ByBit

28 Feb 2025 1 minute read 0 comments Yugocean

FBI confirms North Korea's role in ByBit Hack Source        The FBI has accused North Korea of being responsible for the Bybit crypto hack. The FBI has also suggested that transactions with their addresses be blocked in order to prevent stolen asset...