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Web3 WatchLoopsDAO's Pool Held $28 Million. A Flash Loan Left It With $33.
A flash loan pushed LoopsDAO's collateral price roughly 71x higher, faked a deposit, and drained $696,000 from a BNB Chain protocol that had been live for three weeks. No named security firm has covered it yet; independent researchers and CryptoNewsLive's own BscScan verification pieced together what happened.
Aug 5, 20266 min
#BNB Chain#DeFi Hack
Web3 WatchFluid's $215K Reward Hack Triggered a $100M Silent Bank Run
Fluid's off-chain reward infrastructure was drained on May 27. Four days passed before users knew. What followed was not just a hack disclosure but a quiet $100 million confidence crisis.
Jun 1, 20266 min
#crypto security#DeFi Hack#exploits
Web3 WatchAurellion Labs Loses $455K USDC in Diamond Proxy Re-Init Attack
Aurellion Labs lost 455,003 USDC after an attacker exploited an unprotected initialize function in its Diamond proxy, seized ownership, and drained approved wallets.
May 12, 20263 min
#Arbitrum Security#Aurellion Labs#DeFi Hack