Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.
A real model-driven compromise is being squeezed between singularity rhetoric and claims of marketing hype, making it harder to recognize what the incident actually proves.
Liam 'Akiba' Wright 9 min read 
Wanchain halted its Cardano-BNB Chain bridge after hundreds of millions of NIGHT were stolen, but the market has so far avoided extending the security discount to ADA.
Consensys found no compromised assets or data, no malicious code deployment and no user impact, but contractor access controls face scrutiny.
Investigators reportedly followed Bitcoin-funded gift cards to Uber Eats deliveries, showing both sides of software-mediated wallet risk.
Wallet developers are adding spending limits, approved destinations, and delayed transfers to stop irreversible thefts.
Cardano’s governance model depends on ordinary ADA holders participating, and the SecondFi exploit shows how much that model depends on secure wallet UX.
The malicious proposal shows how token-weighted votes can become a treasury access path when DAO review controls are too thin.
Blockaid estimated about $6 million drained as Summer.fi paused Lazy Summer vaults and investigated the cause.
Edel’s exploit was small, but it hit the next frontier for tokenized equities: credit markets, where 1:1 backing is not enough if wrappers, vaults and exchange rates can be gamed.
