Squid Distances Itself From $3.2M Third-Party Module Exploit
A third-party contract named SquidRouterModule was exploited for about $3.2 million across Ethereum and Base. Squid states its own router and users were not affected.
Echo Protocol Incident Results in $816,000 Loss After Admin Key Compromise
Echo Protocol confirmed a compromised admin key allowed minting of 1,000 fake eBTC on Monad. About $816,000 in real value was ultimately extracted.
News | Regulation | Security
ECB Summons Banks Over AI Cyber Risks From Claude Mythos
The European Central Bank has summoned 111 major banks to discuss cybersecurity risks linked to advanced AI models. Officials warn that faster exploit discovery requires quicker patch deployment.
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StablR Stablecoins Depeg After $2.8M Exploit on Ethereum
StablR’s EURR and USDR stablecoins lost their pegs on Ethereum after a private key compromise enabled unauthorized minting. About $2.8 million was extracted.
Polymarket Exploit Exceeds $520,000 as DeFi Hacks Rise in May
An apparent exploit of Polymarket’s UMA CTF Adapter has resulted in losses exceeding $520,000. The incident comes as DeFi records 19 hacks in May totaling $38.2 million.
ERA Wallet Adds On-Device Clear Signing to Address DeFi Blind Signing
ERA Wallet introduces an on-device transaction parsing engine as the Ethereum Foundation launches a Clear Signing standard to address blind signing risks in DeFi.
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1 Quadrillion MAPO Minted in Bridge Exploit, Token Drops 30%
A vulnerability in MAP Protocol’s Butter Bridge allowed attackers to mint 1 quadrillion MAPO tokens. The incident led to a near 30% price drop and liquidity losses.
GitHub Internal Breach Prompts Crypto API Key Rotation Warnings
GitHub confirmed that a malicious VS Code extension led to access to around 3,800 internal repositories. Crypto developers have been urged to rotate API keys as a precaution.
BeInCrypto Lists 10 Crypto Regulatory Frameworks for 2026 Award
BeInCrypto has published a long list of 10 jurisdiction-level crypto regulatory frameworks for 2026. The selection spans stablecoin laws, VASP regimes, and comprehensive crypto regulations.
News | Regulation | Security
Echo Protocol Exploit on Monad Prompts Suspension of Cross-Chain Transfers
Echo Protocol suspended cross-chain transfers after an exploit on Monad involving 1,000 eBTC. The case marks the 14th reported crypto hack in May.