Exchange Risk

An anonymous crypto whale identified as "D.B." filed a lawsuit on Monday against Coinbase and an alleged thief over the exchange's refusal to return frozen funds linked to an August 2024 crypto theft, according to a court filing. The plaintiff lost approximately $55 million worth of DAI in the incid

According to Seoul High Court's Administrative Division 4-3, on April 16, the Financial Services Commission (FSC) partially won its appeal against cryptocurrency exchange A's injunction request, with 3 of 4 administrative orders upheld. The exchange stopped operations on November 30, 2020, but

According to The Block, Kelp DAO abandoned LayerZero for Chainlink's Cross-Chain Interoperability Protocol (CCIP) following the $292 million bridge exploit last month. A Chainlink representative confirmed Kelp DAO is the first major protocol to migrate away from LayerZero since the attack. On

According to BlockBeats, Tydro, a lending protocol in the Ink ecosystem, suspended all markets on May 5 following a third-party oracle issue report. The team confirmed user funds remain safe and is actively investigating the

According to BlockBeats, on May 5, the former CEO of Polish cryptocurrency exchange Zondacrypto disappeared in 2022 with private keys to a cold wallet holding 4,500 BTC (currently worth over $340 million). The current CEO admitted the wallet is now inaccessible and has reportedly fled to Israel.

On May 4, 2026, World Liberty Financial filed a defamation lawsuit against Justin Sun, accusing the TRON founder of launching a public campaign against the company after it restricted access to his WLFI tokens. Sun had filed his own lawsuit on April 21, claiming the company unlawfully froze his

Onchain investigator ZachXBT has warned that Polyarb, a site presenting itself as a prediction market platform, is running an active wallet drainer and is gaining reach through prominent crypto accounts replying to its posts. Key Takeaways: ZachXBT warned on May 4, 2026, that Polyarb hosts an act

According to Bisq, the protocol was attacked on May 4 due to missing verification mechanisms, resulting in approximately 11 BTC being stolen, primarily from altcoin trades. The platform is discussing compensation options for affected users, who can choose between Bitcoin or BSQ token reimbursement p

According to ChainCatcher, Purrlend suffered a security breach on HyperEVM and MegaETH on May 3, losing approximately $1.52 million. Attackers compromised the team's 2/3 multisig wallet and granted themselves the BRIDGE_ROLE permission, using it to mint unbacked pUSDm and pUSDC tokens that were

According to SolanaFloor, an MEV robot exploited a vulnerability in Meteora's ANB pool to convert $0.22 USDC into $696,000 USDC in a single transaction. The ANB token fell 99% following the attack.

According to Carrot's announcement on April 30, the Solana-based DeFi yield protocol is permanently shutting down, becoming the first platform to close as a direct result of the $285 million Drift Protocol exploit in early April. The Carrot team stated in an X post that the Drift hack was

According to an official announcement, Tapp Exchange will cease operations, with users required to withdraw assets by May 31, 2026. The protocol will remain fully operational until that date. After May 31, the front-end interface will be taken offline, and users can only withdraw funds by interactin

By last week, Eric Trump was no longer shown on the leadership page of Alt5 Sigma Corp. (now AI Financial, NASDAQ: ALTS), the Las Vegas-based company tied to World Liberty Financial Inc., the Trump family's crypto venture. His name had appeared on the company's website as recently as March, when he

According to TRM Labs, North Korean hackers stole approximately $577 million in cryptocurrency during the first four months of 2026, accounting for roughly 76% of all global cryptocurrency losses year-to-date. The figure highlights a strategic shift by elite units such as the Lazarus Group toward hi