According to industry research reported by Blockmates, crypto insurance in the decentralized insurance sector has shrunk by ...

DeFi however is facing growing pressure with major incidents and exploits becoming larger in terms of losses despite ...

The first half of 2025 has marked a grim milestone for the cryptocurrency industry, with over $2.1 billion stolen across 75 distinct hacks and exploits, according to a recent report by TRM Labs. This ...

DeFi lost over $750 million in early 2026 — largely from Drift Protocol and KelpDAO. Bridges remain a major risk area — the Kelp incident ...

Forbes contributors publish independent expert analyses and insights. Davey Winder is a veteran cybersecurity writer, hacker and analyst. This voice experience is generated by AI. Learn more. This ...

May is over, and it was another month filled with exploits. According to a report by PeckShieldAlert, 14 significant bridge ...

The world's second-largest crypto exchange Bybit suffered an exploit Friday that saw it drained of about $1.4 billion worth of Ethereum and staked ether. Bybit CEO Ben Zhou immediately shared news of ...

Losses from crypto scams, exploits and hacks tapered off in the last months of 2024, with December registering as the smallest month of hacks in the entire year. Blockchain security firm CertiK said ...

Aethir said it halted a bridge exploit on its Ethereum-linked contracts, limiting losses to under $90,000 after PeckShield estimated $400,000 in damages. Aethir, a decentralized GPU cloud ...

Two North Korea-linked hacks in April drained almost $600 million from DeFi protocols Drift Protocol ($285 million) and Kelp DAO ($292 million). Cybersecurity experts believe the attackers used AI to ...

DeFi has become one of the most prominent uses of blockchain and sees virtually every financial service you can imagine delivered in a decentralized manner. This has meant greater access to financial ...