DeFi
DeFi protocol Kyber Network suffers frontend hack, loses $265K
Kyber Network says the threat has been neutralized, offered the hacker a 15% bug bounty.
Oluwapelumi Adejumo 2 min read 
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Oluwapelumi Adejumo 2 min read 
DeFi
Babylon Finance to shut down Nov. 15 after failing to recover from Rari/FEI hack
The Rari/FEI exploit caused Babylon Finance investment gardens to lose $3.4 million, whch led to users losing confidence and withdrawing 75% of its TVL.
Research
Crypto mining malware impersonates Google translate desktop, other legitimate apps
Cyber threat intelligence firm, Check Point Research identified Nitrokod as a crypto miner malware that has infected thousands of PCs across 11 countries.
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DeFi
FBI warns against DeFi after data reveals sector accounts for 97% of stolen $1.3B during Q1
FBI cited Chainalysis data and said the amount stolen from DeFi increased by 72% compared to 2021.
Hacks
Ronin bridge Hackers used ChipMixer to launder over $73M of stolen funds
Ronin bridge hackers, the Lazarus Group found a new home in ChipMixer after using the protocol to launder 3,460 BTC stolen from the Ronin bridge
Hacks
NEAR Rainbow Bridge defends weekend attack costing hacker 5 ETH
NEAR/ETH bridge defended an attack in 31 seconds over the weekend that resulted in the attacker losing funds and no loss of user funds.
Hacks
Celer Network cBridge resumes operation after suffering DNS exploit
Celer Network has confirmed its cBridge is safe for use after shutting it down on August 17 due to a DNS exploit that claimed $240,000 of user funds
Layer-2
Crypto investments fund founder says Polygon is ‘highly insecure & centralized’
Justin Bons recommended that Polygon should become decentralized, by following its State of governance report.
Stablecoins
Acala burns 99% of aUSD involved in mint exploit
Acala's stablecoin aUSD now trading at $0.91 after 99% of the tokens minted in the exploit were burnt.