News linked to both this project and an event.
on-chain detective ZachXBT stated that the hacker "Dritan Kapplani Jr" transferred approximately $2.59 million in assets today, including 1.99 million DAI and 259 ETH. The funds were moved from address 0x4487...bba6 to address 0x67ec...125d. The stolen funds currently remain dormant.ZachXBT stated that on May 12, they published an investigation detailing the connection between Dritan Kapplani Jr and Trenton (Trent) Johnson in a social engineering theft involving 185 Bitcoin (approximately $13 million).
According to on-chain analyst PeckShield (@PeckShieldAlert), THORChain has been hacked, resulting in losses of approximately $10 million in crypto assets, including 36.75 BTC (around $3 million) and roughly $7 million in assets from BNB Chain, Ethereum, and Base.
On-chain investigator ZachXBT stated that THORChain appears to have been attacked on the Bitcoin, Ethereum, BSC, and Base networks, resulting in losses exceeding $7.4 million.
Kraken announced on X platform that Chainlink CCIP will become the sole cross-chain infrastructure for kBTC and future wrapped assets, replacing the original LayerZero protocol. This decision followed last month's $292 million LayerZero cross-chain bridge exploit incident at Kelp.Currently, a total of over $3 billion in total value locked has migrated from LayerZero. The migration covers blockchains including Ethereum, Ink, Unichain, and Optimism. The current market cap of kBTC is approximately $260 million. Kraken stated that it will continue to be responsible for the issuance and custody of assets, while Chainlink CCIP will handle cross-chain asset transfers. (coindesk)
Odaily Odaily News Gate Research recently released its "April 2026 Cryptocurrency Market Review" report, indicating that the overall cryptocurrency market saw a volatile upward trend in April, with total market capitalization significantly higher than in March. BTC and ETH ETF trading volumes maintained high volatility overall. The report shows continued divergence in activity across major public chain ecosystems. Solana's daily transaction volume remained in the range of approximately 90 million to 110 million transactions, maintaining its leading position.Regarding trending sectors, the report notes that Pokemon TCG RWA has become one of the fastest-growing on-chain RWA sub-sectors, entering a second explosive growth phase in April. Major trading platforms saw monthly trading volumes exceed $220 million, with weekly revenue briefly approaching $6 million, setting new historical records. Meanwhile, Aave experienced its most severe liquidity crisis ever in April, with TVL outflows reaching tens of billions of dollars within a few days and net outflows exceeding $9 billion for the entire month.In terms of fundraising and security incidents, the Web3 industry completed 51 financing rounds in April, totaling approximately $834 million, with capital further concentrating on leading financial and infrastructure tracks. Among these, Payward ranked first for the month with a $200 million financing round. On the security front, Web3 security incidents in April resulted in losses of approximately $306 million, a month-over-month increase of about 858%, primarily driven by a single cross-chain infrastructure attack on Kelp DAO worth approximately $293 million. The report suggests that against the backdrop of a recovering market, on-chain activity and capital liquidity are both increasing simultaneously. However, the security risks associated with cross-chain infrastructure and high-leverage protocols remain worthy of continued attention.
According to Cointelegraph, a New York judge has postponed the hearing on Aave’s emergency motion to unfreeze approximately $71 million worth of ETH and ordered Aave and Gerstein Harrow LLP to submit additional case briefs. A new hearing is scheduled for June 5. The court noted that Aave previously failed to adequately explain why users’ funds would suffer “derivative losses” if the restraining order remained in effect. The assets in question are linked to the Kelp DAO hack, which involved approximately $293 million and was previously frozen by Arbitrum. The judge also directed both parties to further clarify several legal issues, including the applicable law governing the hacker’s transactions, the legal distinction between fraud and theft, the priority ranking of creditors’ claims, the applicability of constructive trust, and whether assets can be proportionally returned to victims.
the L1 blockchain TAC team stated they have confirmed a security incident on the cross-chain layer resulted in approximately $2.8 million in assets being transferred, involving assets such as USDT, BLUM, and tsTON.TAC stated that if the attacker returns the relevant funds to the designated multi-signature address, the team will consider this incident a "white hat rescue" and will not take legal action against the operator of the involved ETH/BSC, ZEC, and TON addresses.As a reward, the attacker can receive an approximately 10% bounty, equivalent to about 13 ETH and 300 ZEC.
TAC stated that its cross-chain layer on the TON side was exploited by external attackers, resulting in approximately $2.8 million in losses involving USDT, BLUM, and tsTON. TAC confirmed that the TAC token, TON, and all ERC-20 tokens bridged from Ethereum remain unaffected. The bridge has been temporarily suspended, and the team is conducting forensic analysis and implementing fixes. Additionally, the team plans to legally structure a sale of the foundation’s TAC token treasury reserves to restore bridge liquidity and compensate affected users. A post-mortem report and further details will be released within the next 48 hours.
on-chain detective ZachXBT has exposed US threat actor Dritan Kapllani Jr., alleging his involvement in social engineering thefts targeting crypto users, totaling approximately $19 million.ZachXBT stated that Dritan has long been flaunting luxury cars,名牌 watches, private jets, and nightclub lifestyles on social media. On April 23, 2026, during a "Band 4 Band (B4B)" voice call on Discord, in an attempt to prove he was wealthier than another hacker, he publicly displayed an Exodus wallet containing $3.68 million in assets.The relevant ETH address is: 0x4487db847db2fc99372a985743a26f46e0b2bba6ZachXBT's tracking revealed that this address is linked to a social engineering theft incident on March 14, 2026, involving 185 BTC (approximately $13 million). The following day, Dritan's Exodus wallet received about $5.3 million from that theft. By the time of the B4B call six weeks later, approximately $1.6 million had already been spent or laundered.On May 11, the US Department of Justice unsealed a criminal indictment against Trenton Johnson, charging him with participation in the theft of 185 BTC. He faces a potential maximum sentence of 40 years in prison. The indictment refers to "Co-Conspirator 1 (CC-1)," believed to be Dritan, who has not yet been formally charged.ZachXBT also noted that Dritan is connected to hacker John Daghita (Lick), who was previously arrested for stealing $46 million from the US government. John had previously exposed Dritan's old wallet address on Telegram. On-chain analysis shows that this address is linked to multiple high-confidence social engineering thefts in 2025, with a cumulative total exceeding $5.85 million.ZachXBT stated that Dritan has long been active in the "The Com" hacker circle and had seemingly avoided formal prosecution due to being a minor. Now that he has turned 18, his "borrowed time may finally be over."
According to on-chain analyst PeckShield (@PeckShieldAlert), the TrustedVolumes attacker has laundered approximately $278,000 of stolen funds to date, including depositing 10.2 ETH (approx. $23,600) into Tornado Cash and swapping 110 ETH (approx. $250,000) for BTC via THORChain. Additionally, the attacker attempted to deposit 0.5 ETH into Railgun but subsequently withdrew it. TrustedVolumes was attacked on May 7, resulting in losses of approximately $6.7 million.
According to CoinDesk, the floor price of Bored Ape Yacht Club (BAYC) NFTs has risen from approximately 5 ETH to over 10 ETH in the past month, while ApeCoin (APE) rebounded from below $0.10 to around $0.16 during the same period, with trading volume notably expanding. Meanwhile, repeated security vulnerabilities and persistently declining yields in the DeFi sector have driven some capital toward the NFT market. The financialization trend of NFTs is also intensifying: a recent $2.8 million loan collateralized by a CryptoPunk attracted widespread attention, with the lender expected to earn roughly $138,000 in interest over 90 days. Blue-chip collections such as Pudgy Penguins have also strengthened concurrently, and market expectations surrounding a potential token launch by OpenSea have further boosted sentiment.
Wasabi Protocol released a security incident update, stating that the attacker exploited a Spring Boot Actuator configuration vulnerability in its AWS infrastructure to steal private keys controlling EVM smart contracts, and subsequently drained approximately $4.8 million in user funds and $900,000 from the protocol’s treasury—totaling roughly $5.7 million in losses. The attack chain originated from a public-facing analysis server whose Actuator heap dump was not properly password-protected, enabling the attacker to obtain credentials for another server and ultimately gain control of the smart contract private keys. This incident affected only EVM deployments—including certain treasuries on Ethereum, Base, Blast, and Berachain—while Solana deployments and the Prop AMM remained unaffected. No final user compensation plan has been announced yet; however, “ensuring all affected users are compensated” remains the team’s top priority. Updates on the investigation will be shared with the community via Discord.
Odaily News: Margaret Garnett, a U.S. District Judge in Manhattan, has approved Aave's asset recovery proposal, allowing the transfer of approximately $71 million in ETH previously frozen on Arbitrum and linked to North Korean-linked attacks, to a wallet controlled by Aave LLC, while preserving the legal claims of terrorism victim plaintiffs over the funds. The ruling also amended the earlier freeze notice against the Arbitrum DAO, permitting the transfer to be executed through an on-chain governance vote and exempting those who propose, vote on, or participate in the transfer from liability under the freeze order. The transfer is still subject to an official vote by Arbitrum's on-chain governance. (CoinDesk)
Odaily Odaily: Aave posted on the X platform stating that the second phase of the technical solution for the rsETH incident recovery has progressed. On May 6, eight positions of the hacker on Aave V3 were liquidated, and the recovered rsETH collateral has been transferred to the recovery guardian. The Arbitrum DAO has passed a proposal to return the previously recovered $71 million in ETH.Regarding the application for asset freezing filed by the plaintiff, the judge has approved Aave LLC's proposal, allowing the transfer of the $71 million in ETH to Aave LLC through an on-chain vote by the Arbitrum DAO. Subsequent plans include burning rsETH on Arbitrum and restoring the rsETH reserve. After the reserve is restored, withdrawals will be reopened, and the WETH Loan-to-Value (LTV) ratio on the Aave V3 Ethereum mainnet will be restored.
The Mantle community has approved proposal MIP-34, authorizing the Mantle Treasury to extend a loan of up to 30,000 ETH to the Aave DAO to address the non-performing loan impact on Aave V3 resulting from the rsETH cross-chain bridge security incident on April 18, 2026. Per the proposal, the loan term is up to 36 months, with an annual interest rate of LIDO + 1%; the borrower may repay early without penalty. Regarding risk control, Mantle will hold a first-priority security interest in the relevant collateral assets. Additionally, Aave will provide supplementary collateral comprising no less than $11 million worth of AAVE tokens and protocol revenue, and delegate 130,000 AAVE tokens to Mantle for governance participation.
According to The Block, the Arbitrum DAO voted to release 30,765.6 ETH (approximately $70 million), previously frozen, to support the DeFi United initiative—aimed at offsetting Kelp DAO’s $292 million exploit loss last month. The vote passed with 90.96% support (182.2 million votes). The attack was allegedly carried out by the North Korean Lazarus hacking group, which exploited a vulnerability in LayerZero’s OFT cross-chain bridge—a single-validator configuration—which allowed attackers to steal 116,500 rsETH and pledge most of the stolen assets as collateral on Aave, resulting in roughly $190 million in bad debt. DeFi United has secured contributions from multiple parties, including 30,000 ETH from Consensys and Joseph Lubin, a 30,000-ETH loan from Mantle, and 5,000 ETH from LayerZero.
According to CoinDesk, Ethereum co-founder Vitalik Buterin was sandwiched by the well-known MEV bot jaredfromsubway.eth on April 30 during a small token swap. On-chain data shows that Buterin exchanged 26,544 XDB tokens—valued at approximately $3.86—for 0.00197 ETH (worth about $4.56) in block 24993038. The bot then deployed roughly $1.14 million worth of WETH to manipulate prices across SushiSwap and Uniswap V2 to execute the sandwich attack. After deducting $5.14 in gas fees, the bot incurred an actual loss on this operation.
According to PeckShieldAlert’s monitoring, TrustedVolumes was attacked, resulting in losses of approximately $5.9 million, including $3.02 million in ETH, $1.37 million in WBTC, and $1.47 million in stablecoins; the attacker has exchanged the stolen funds for 2,513 ETH.
Aave stated that, per the previously disclosed technical recovery plan, the attacker’s rsETH positions on Ethereum and Arbitrum have been liquidated on Aave, and the associated collateral assets have now been transferred to the Recovery Guardian address designated by the AIP. Aave noted that this action did not impact other users, nor did it affect the Umbrella mechanism, and emphasized that this step is a critical milestone in the overall recovery roadmap, with further recovery efforts continuing as planned.
Aave has announced the completion of the liquidation of the remaining rsETH position belonging to the Kelp DAO attacker. The related collateral assets will be transferred to the Recovery Guardian multi-signature wallet managed by DeFi United, to be used for restoring rsETH reserves and compensating affected users.This liquidation is part of the recovery plan following the previous $292 million attack incident. Aave had previously passed a governance vote to temporarily adjust the rsETH oracle price in order to create bad debt in the attacker's position and trigger liquidation. The relevant parameters will be restored upon completion of the liquidation. Previously, the attacker exploited the Kelp DAO cross-chain bridge based on LayerZero to forge 116,500 unbacked rsETH and borrowed ETH from protocols such as Aave and Compound. Currently, the recovery funds managed by DeFi United have exceeded $320 million.