Hacked Event Broadcast

Blend Pools V2 (specifically the YieldBlox DAO-managed lending pool on Stellar) was exploited. The attacker manipulated the price of the low-liquidity asset USTRY ~100x higher in a single trade on Stellar DEX (SDEX). This manipulated the Reflector oracle price feed. The attacker then deposited the overvalued USTRY as collateral into the Blend Pools V2 lending pool and borrowed approximately $10.2M–$10.97M worth of XLM and USDC. Stellar validators and Blockaid responded quickly, freezing a large portion (~48M XLM / ~$7.3M) of the funds. Most of the stolen assets were contained, though some USDC was bridged out.

The IoT-focused public chain IoTeX suffered a professional hacker attack caused by a private key compromise of the ioTube bridge’s Ethereum-side validator owner. This allowed the attacker to gain administrative privileges and illicitly extract assets from the token safe. According to the official confirmation on February 24, the incident resulted in approximately $4.4 million in asset losses (including USDC, USDT, IOTX, and WBTC). The hacker converted most of the stolen funds into roughly 2,183 ETH and bridged them to the Bitcoin network via THORChain (with approximately 66.6 BTC currently tracked). The IoTeX team has implemented security enhancements and address blacklisting via the v2.3.4 mainnet upgrade. They have also issued an on-chain ultimatum: the attacker can receive a 10% white-hat bounty (approx. $440,000) and be exempted from legal liability if the funds are returned within 48 hours. A compensation plan for affected users is currently being finalized.

Veil.Cash (a zk-SNARK privacy protocol on Base, forked from Tornado Cash) suffered an exploit on its legacy fixed-denomination privacy pools. Due to a misconfigured Groth16 zk-SNARK verifier (where delta2 equaled gamma2), an attacker was able to forge valid zero-knowledge proofs and drain approximately 2.9 ETH (~$5,000) in a single transaction by making multiple fraudulent withdrawals without corresponding deposits. Whitehat interveners and the exploiter voluntarily returned the funds, resulting in 100% recovery. The project’s newer/live pools were unaffected.

According to Decrypt, the DeFi lending protocol Moonwell incurred approximately $1.78 million in bad debt due to an oracle configuration error.

Arbitrum has issued a security alert: The official X account for Arbitrum Governance (@arbitrumdao_gov) has been compromised. Do not click on any links posted by this account or engage with it. The team is working to restore access and will provide further updates soon.

The cross-chain liquidity protocol CrossCurve (formerly EYWA) has confirmed that its cross-chain bridge protocol is under attack, due to a vulnerability in its smart contract that was exploited, resulting in the theft of approximately USD 3 million across multiple networks. Blockchain security firm Defimon Alerts identified that the attack vector exploited a gateway verification bypass vulnerability in CrossCurve’s ReceiverAxelar contract. Analysis shows that anyone could use a forged cross-chain message to call the contract’s expressExecute function, thereby bypassing the intended gateway verification and triggering unauthorized token unlocks on the protocol’s PortalV2 contract. Subsequently, CrossCurve issued a security update regarding the $EYWA token, stating that the exploitation has been successfully contained.

Step Finance has issued a statement on X regarding a recent exploit, disclosing that approximately $40 million was stolen from its treasury due to a compromise of an executive's device. Upon detecting the vulnerability, Step Finance launched an investigation in collaboration with cybersecurity researchers and relevant authorities, and has notified law enforcement. While certain operations were temporarily suspended during this period, the team has successfully recovered approximately $3.7 million in Remora assets and $1 million in other positions.

Revert Finance’s newly launched Aerodrome Lend vault on Base was exploited for $50,101. The attacker used a flash loan from Morpho to mint an Aerodrome concentrated liquidity NFT, deposited it as collateral, borrowed USDC, and then exploited a missing safety check in the GaugeManager contract. This allowed unstaking and withdrawing all liquidity from the debt-backed position, leaving the vault with a worthless NFT shell. A second attacker replicated it shortly after. User funds were safe; losses were mostly from Revert’s own seeded USDC. The team disabled deposits and published a post-mortem.

According to BlockSec monitoring, an unknown contract on the BSC network was exploited. The attacker leveraged a design flaw in the “burn pair” mechanism to execute two reverse swaps, resulting in losses of approximately $100,000. The attacker first drained PGNLZ tokens, then triggered PGNLP burns and price manipulation, ultimately siphoning off most of the USDT from the liquidity pool.

Solar, the official Solana Mandarin community, highly suspects its official X account (@Solana_zh) has been hacked. The team currently lacks access and is working urgently with X support to resolve the issue. Recovery time is TBD.

Aperture Finance (Aperture LM) was exploited for approximately $3.67 million across Ethereum, Base, Arbitrum, and BSC. The root cause was an arbitrary-call vulnerability in its closed-source V3/V4 contracts due to insufficient input validation on low-level calls. Attackers abused existing user token and Uniswap V3 LP NFT approvals to drain funds via transferFrom operations. The team paused affected features, urged users to revoke approvals, and published a security incident analysis.

Scroll alerted on X that the X account of co-founder @shenhaichen has been compromised. They are actively working to recover the account and advise users not to interact with any links or direct messages.

SwapNet’s closed-source aggregator contracts were exploited via an arbitrary-call vulnerability due to insufficient input validation on user-controlled parameters. This allowed attackers to abuse existing token approvals (especially from users who disabled Matcha Meta’s One-Time Approval) to execute unauthorized transferFrom calls, draining ~$13.43M across Base, Ethereum, Arbitrum, and BSC. The attacker swapped large amounts of USDC to ETH on Base and bridged funds. Matcha Meta and 0x core contracts were unaffected.

According to an announcement from Paradex, the internal systems of the Mithril trading bot were compromised by an attacker, resulting in the exposure of approximately 57 user subkeys. While these subkeys do not allow withdrawals, they grant trading permissions and are commonly used to connect third-party applications and trading bots. Paradex has suspended all XP transfers and revoked all subkeys associated with Mithril. The affected users are limited to accounts that had previously authorized the Mithril bot. The team also reminded users to exercise caution when authorizing third-party services and to independently assess the associated risks.

According to an official announcement from Saga, the SagaEVM chain has suffered an attack involving a series of malicious contract deployments, cross-chain operations, and liquidity withdrawals. The attacker transferred approximately $7 million worth of USDC, yUSD, ETH, and tBTC, which have since been consolidated into ETH and sent to the address 0x2044…6ecb. Following the incident, SagaEVM was halted at block height 6,593,800. The Saga team is currently working with exchanges and cross-chain bridge providers to block the attacker’s address. A comprehensive technical post-mortem will be released in due course. The Saga SSC mainnet and other chains remain unaffected.

According to PeckShieldAlert monitoring, the Makinafi protocol was exploited by hackers, resulting in a loss of approximately 1,299 ETH (about $4.13 million). The stolen funds are currently held in two addresses: 0xbed2...dE25 (around $3.3 million) and 0x573d...910e (around $880,000). News on January 23: Makina, a DeFi execution engine, posted on X stating that at 21:15 on January 22, the MEV Builder returned funds according to the SEAL Safe Harbor, deducting a 10% bounty. Approximately 920 ETH (out of 1,023 ETH collected) was returned, accounting for a portion of the total ~1,299 ETH stolen. The funds have been transferred to the recovery multi-sig address 0xc22F...8AB9. The team is continuing to pursue the remaining funds and is seeking to contact the RocketPool validator address 0x573D...910E, which received approximately 276 ETH.

According to a BlockSec alert, the SynapLogic contract lacked critical parameter validation in the swapExactTokensForETHSupportingFeeOnTransferTokens function, allowing attackers to manipulate the whitelist logic and designate arbitrary recipient addresses. In addition, the contract failed to verify whether the total amount of native tokens distributed exceeded the actual payment made, enabling attackers to withdraw excess native tokens while simultaneously receiving newly minted SYP, resulting in losses of approximately $186,000.

Meteora suffered a $1.5 million USDC loss in a fake OTC escrow scam while attempting to buy back its $MET token. Scammers deceived the team using a fraudulent escrow setup for an OTC deal. This was not a smart contract exploit but a social engineering attack. The incident was disclosed in Meteora’s Q1 2026 Token Holder Report, where they also mentioned filing a police report. The protocol used $1M USDC for legitimate buybacks separately.

The FutureSwap protocol deployed on Arbitrum was exploited again via a reentrancy vulnerability, following its first attack four days ago, resulting in a loss of approximately $74,000. The attacker had previously abused the reentrancy function 0x5308fcb1 three days earlier to over-mint LP tokens, and after the cooldown period expired, redeemed the excess collateralized assets to realize profit.

CertiK Alert tweeted that the X account of Darren Lau, founder of The Daily Ape, has been compromised by hackers. The CertiK security team warns users not to click any links or approve any transactions before control of the account is restored, and to remain vigilant.