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blockchain-security

8 stories related to this topic, newest first.

Polymarket Reports $520,000 Drained From Polygon Smart ContractsCoinDesk
finance7 days agoDeveloping

Polymarket Reports $520,000 Drained From Polygon Smart Contracts

Blockchain investigator ZachXBT reported that more than $520,000 was moved from two Polymarket smart contracts on the Polygon network. Polymarket said the incident involved a private key compromise of an internal operations wallet and that user funds and market resolutions remain…

CoinDesk
1 source
Polymarket Contract Shows Signs of Exploitation With Over $660K Takenwebpronews.com
finance7 days agoDeveloping

Polymarket Contract Shows Signs of Exploitation With Over $660K Taken

Blockchain monitor @lookonchain reported that Polymarket's contract appears to be exploited. More than $660,000 has been removed so far according to the same report.

LO
1 source
Project partners with Ripple to review XRP Ledger for quantum vulnerabilitiesbenzinga.com
finance9 days agoDeveloping

Project partners with Ripple to review XRP Ledger for quantum vulnerabilities

A project has partnered with Ripple to conduct an audit of the XRP Ledger's validator, custody, and wallet layers for quantum vulnerabilities. The review aims to advance post-quantum security measures on the ledger.

Coindesk
1 source
THORChain Team Identifies Vulnerability Vectors After Suspected $11 Million Exploit Across Multiple Chainsambcrypto.com
finance14 days agoUpdated

THORChain Team Identifies Vulnerability Vectors After Suspected $11 Million Exploit Across Multiple Chains

THORChain appears to have suffered an exploit across Bitcoin, Ethereum, BSC, and Base networks. On-chain investigator @zachxbt reported the incident with stolen funds already exceeding $10 million. The extent of the breach and any recovery efforts remain unclear as of May 15, 202…

LO
cryptobriefing.com
Coindesk
3 sources
Ethereum Foundation Releases New Clear Signing Standard for Transaction Verificationcointelegraph.com
finance16 days agoDeveloping

Ethereum Foundation Releases New Clear Signing Standard for Transaction Verification

The Ethereum Foundation on Tuesday introduced a new clear signing standard designed to help users better understand and verify crypto transactions before approving them. The initiative aims to reduce wallet scams and malicious transaction approvals across the Ethereum ecosystem.…

Coindesk
1 source
LayerZero Acknowledges Security Configuration Error in $292M Kelp DAO Exploit Tied to North Korean Attackersmedium.com
finance20 days agoDeveloping

LayerZero Acknowledges Security Configuration Error in $292M Kelp DAO Exploit Tied to North Korean Attackers

LayerZero published a blog on May 9, 2026 reversing its position on the April hack tied to North Korean attackers. The company acknowledged allowing its own decentralized verifier network to secure high-value assets in a risky 1-of-1 configuration. Major clients including Kelp an…

CoinDesk
1 source
DeFi Protocol Loses $3.5 Million in Security Breach on Sui BlockchainCoinDesk
finance37 days agoDeveloping

DeFi Protocol Loses $3.5 Million in Security Breach on Sui Blockchain

A decentralized finance protocol on the Sui blockchain suffered a security breach, resulting in the loss of approximately $3.5 million from three vaults. The protocol froze all vaults and coordinated with the Sui Foundation to contain the damage. The incident follows a recent exp…

CoinDesk
1 source
Project Eleven CEO States Quantum Computing Reaches Paradigm Shift for Crypto Industryinvestopedia.com
finance47 days ago

Project Eleven CEO States Quantum Computing Reaches Paradigm Shift for Crypto Industry

Andrew Pruden, CEO of Project Eleven, stated that quantum computing is undergoing a paradigm shift that the cryptocurrency industry must address. He made the comments ahead of the Consensus 2026 conference in Miami. The statement highlights potential implications for cryptography…

CO
1 source