DeFi Protocol Makina Finance Hacked for $4.2M, Advises LPs to Remove Liquidity
Makina Finance loses $4.2 million as the attackers drained its DUSD Curve pool.
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Makina Finance loses $4.2 million as the attackers drained its DUSD Curve pool.
CertiK reported that nearly $63 million linked to the Jan. 10 $282 million crypto wallet exploit has been deposited into Tornado Cash.
Data shows crypto-related losses climbed to $4.04 billion last year, up by 34% from $3.01 billion in 2024.
Kontigo experienced its second cyberattack in days, forcing the startup to temporarily disable platform access while investigating unauthorized authentication attempts.
In 2025, crypto hacks totaled $3.4B across 300+ incidents, where social-engineering and access-control failures dominated. Let’s look at the major ones.
Trust Wallet’s users lost roughly $7 million to hackers due to a security flaw in its 2.68 version.
After a $50M USDT theft via “address poisoning,” CZ urges wallets to auto-block spoofed addresses, hide dust spam, and add stronger send warnings.
SEC links AI-branded group chats, fake crypto platforms, and deepfake guru marketing into one $14M fraud narrative and a fresh warning shot at retail-facing “AI trading” plays.
PeckShield has reported the theft of $27.3 million from a whale’s multisig wallet.
A $2.7M oracle hit is one problem for Aevo; a 19% payback cap on a 32% vault loss is another for anyone still underwriting Ribbon risk.
Shibarium hacker has requested that the platform pay 50 ETH, worth approximately $150,000, as a bounty reward.
One US crypto enthusiast and his wife have lost their $3 million retirement savings to a hacker.
The bull market and crypto hacks have aligned very well over the past three months, as both have recorded a notable and consistent spike.