Kelp DAO $292M Exploit Forces Lombard to Move $1B BTC Assets to Chainlink
A $292 million bridge exploit at Kelp DAO prompted Lombard to urgently migrate $1 billion in Bitcoin-backed assets to Chainlink's cross-chain protocol. The incident adds to a string of DeFi security failures this week, though Bitcoin's direct exposure is limited.
SECURITY5 days ago
Why it matters
A $292 million bridge exploit at Kelp DAO prompted Lombard to urgently migrate $1 billion in Bitcoin-backed as…
Hurts BitcoinImpact· 72/100
Rune tanks 11% after attackers move $10M in THORChain exploit
BREAKINGSECURITY5 days ago
Hurts BitcoinImpact· 85/100
THORChain Halts All Trading After $10M Multi-Chain Exploit
ZachXBT flagged a $10 million theft spanning Bitcoin, Ethereum, BNB Chain, and Base, forcing THORChain to pause its entire protocol. While the direct Bitcoin network is untouched, repeated DeFi hacks chip away at confidence in the broader crypto ecosystem.
BREAKINGSECURITY5 days ago
Hurts BitcoinImpact· 85/100
TAC labels $2.8M bridge exploit a white hat incident as hacker claims 10% bounty
BREAKINGSECURITY5 days ago
Hurts BitcoinImpact· 78/100
Miner MARA Sold $1.5 Billion Worth of Bitcoin to Pivot Into AI Infrastructure
Major Bitcoin miner MARA has sold $1.5 billion in Bitcoin as it redirects capital toward AI data center projects. This is meaningful selling pressure from a large holder and signals that some miners are choosing AI over Bitcoin accumulation at these prices.
