News linked to both this project and an event.
According to CoinDesk, Kelp DAO’s LayerZero-based cross-chain bridge was attacked, with the attacker withdrawing 116,500 rsETH—worth approximately $292 million at current prices, or roughly 18% of its circulating supply. This incident has become the largest DeFi attack of 2026 to date. In response, Aave, SparkLend, and Fluid have frozen rsETH-related markets, and Lido Finance has suspended new deposits into its earnETH product. Kelp DAO stated it is jointly investigating the incident with LayerZero, auditing firms, and external security experts.
According to an official incident post-mortem report on the CoW Swap attack, its domain cow.fi was compromised via a supply-chain attack on April 14, 2026. Attackers exploited social engineering tactics to infiltrate the .fi domain registration process and hijack DNS resolution, causing users attempting to access swap.cow.fi to be redirected to a phishing site for several hours. During this period, attackers deployed a counterfeit trading interface and attempted to trick users into connecting their wallets and signing malicious transactions. The report states that this incident did not impact CoW Protocol’s on-chain smart contracts, backend systems, or user fund security; core infrastructure—including services hosted on AWS and Vercel—remained uncompromised. The attack occurred exclusively during the domain registration and transfer process: attackers gained control by forging identity documents and exploiting vulnerabilities in the registration workflow, briefly modifying the domain’s DNS records. The team detected the anomaly within 19 minutes and initiated emergency response procedures, subsequently migrating to cow.finance and fully restoring the cow.fi domain within approximately 26 hours. CoW’s team noted that affected users were primarily those who visited the official website during the domain hijacking window. Preliminary estimates place losses at around $1.2 million. The cow.fi domain has since been reactivated with enhanced security measures—including RegistryLock—and the team has launched external security audits, legal proceedings against the perpetrators, and is developing a potential user compensation plan. The official statement emphasizes that the vulnerability has been patched and outlines plans to improve domain infrastructure security through governance initiatives and industry collaboration.
According to an official disclosure by Hyperbridge, the losses from the Token Gateway vulnerability incident on April 13 have been revised upward from an initial estimate of $237,000 to approximately $2.5 million. The increase stems primarily from losses incurred in incentive pools on Ethereum, Base, BNB Chain, and Arbitrum. The attacker extracted roughly 245 ETH from related contracts, then bypassed the MMR proof verification mechanism by forging cross-chain messages, minting 1 billion bridged DOT tokens and dumping them onto illiquid markets. Currently, some of the stolen funds have been traced on-chain to Binance. Hyperbridge is collaborating with Binance’s compliance team and law enforcement agencies to investigate the incident. Polkadot-native DOT and products such as Intent Gateway remain unaffected. The Token Gateway and bridged DOT contracts on the four affected EVM chains remain suspended. An external audit of the patched MMR verification logic is underway, and bridging functionality will be restored upon completion of the audit.
According to GlobeNewswire, eToro, a trading and investment platform, announced it has signed an agreement to acquire Zengo, a leading self-custodial crypto wallet provider. This acquisition aims to deepen eToro’s digital asset capabilities and accelerate its strategic initiative to bridge traditional finance with on-chain infrastructure. Founded in 2018, Zengo builds its keyless wallet architecture on Multi-Party Computation (MPC) cryptographic technology. It currently serves over 2 million users across more than 180 countries and regions, and has never experienced a wallet breach since its inception. Following the acquisition, eToro will leverage Zengo’s technological expertise to further support decentralized trading use cases—including tokenized assets, prediction markets, and perpetual contracts. The transaction is subject to customary closing conditions.
Decentralized GPU cloud computing infrastructure platform Aethir confirmed that its Ethereum-related bridge contract was attacked. The team promptly disconnected the affected contract and, in collaboration with major exchanges, blacklisted the hacker’s wallet, limiting losses to under $90,000. Earlier, blockchain security firm PeckShield estimated losses at $400,000. The attacker exploited Aethir’s cross-chain smart contract, AethirOFTAdapter, to transfer stolen funds from BNB Chain to Tron. Aethir stated that its Ethereum mainnet ATH token supply remains unaffected. It plans to release a detailed compensation plan and incident analysis next week and will collaborate with exchanges including Binance, Upbit, and Bithumb to freeze funds. Web3 security platform ZeroShadow is assisting with the investigation. In 2025, Aethir achieved $127.8 million in revenue and deployed over 440,000 GPU containers globally.
U.S. law firm Gibbs Mura has launched a class-action litigation investigation into the April 1, 2026, hack of Drift Protocol, reviewing potential investor claims against Circle Internet Financial. The attack resulted in the theft of approximately $280–285 million in assets. The attacker subsequently used Circle’s Cross-Chain Transfer Protocol (CCTP) to bridge over $230 million worth of USDC to Ethereum—Circle took no action to freeze the funds throughout the incident. Notably, just nine days prior, Circle had voluntarily frozen 16 business wallets in a separate civil dispute. Blockchain analytics firm Elliptic suspects the attack was carried out by a North Korea–backed hacking group. As a result of the breach, Drift Protocol’s total value locked (TVL) plummeted from $550 million to below $250 million, the DRIFT token price dropped more than 40%, and at least 20 DeFi protocols suffered indirect losses.