Triple-A Hot Wallets Lose $9.7 Million Across Blockchains
More than $9.7 million was drained from Triple-A hot wallets across TRON, Ethereum, Polygon, and Arbitrum. The stolen funds were bridged to Ethereum and consolidated in one address.
News | Regulation | Security
Wanchain Bridge Exploit Drains NIGHT Reserves, Token Hits Record Low
An attacker drained about 515 million NIGHT from Wanchain’s Cardano bridge, leaving wrapped tokens largely unbacked. The token fell to a record low as the bridge was suspended.
Allbridge Core Pauses Protocol After $1.1 Million Exploit
Allbridge Core halted its protocol after a flash loan exploit on Solana led to losses of more than $1.1 million. The incident adds to $57.8 million in crypto exploit losses in July 2026.
Legal | News | Payments & Compliance | Regulation | Security
Dutch Crypto Broker Knaken Declared Bankrupt After MiCA Breach
A Dutch court has declared crypto broker Knaken bankrupt for operating without a MiCA license. Around 7 million euros are reported missing, impacting about 30,000 customers.
Summer.fi to Shut Down After $6.04 Million DeFi Exploit
Summer.fi is closing after a $6.04 million exploit targeted two USDC vaults in its Lazy Summer Protocol. The platform will remain live until August 31 while withdrawals are restored.
Hedera Exploit Surpasses $5 Million as Funds Bridged to Ethereum
Hedera has reportedly suffered an exploit exceeding $5 million, with stolen assets bridged to Ethereum. The incident adds to over $28 million in crypto platform losses recorded in July.
Hong Kong Bans OTP Logins for Crypto Platforms
Hong Kong’s securities regulator has banned SMS and email one-time password logins for crypto platforms. The move follows a surge in phishing-related cyber incidents.
TAC Drops Over 90% in Minutes With No Confirmed Cause
TAC plunged from around $0.06 to nearly $0.004 within minutes on July 7. No confirmed security breach has been reported.
News | Regulation | Security
BONK DAO Loses $20 Million in Governance Attack, Token Drops
BONK DAO confirmed that $20 million in tokens were drained through a malicious governance proposal. The token fell over 10% as stolen funds began moving to exchanges.
Summer.fi Halts Vaults After $6M Exploit, SUMR Drops 18%
Summer.fi suspended its Lazy Summer vaults after a $6 million exploit. The protocol’s SUMR token declined by more than 18% following the news.