The Truebit Protocol has been struck by a devastating smart contract exploit, resulting in the loss of approximately $26.5 million in Ethereum (ETH) and the near-total collapse of its native TRU token. This incident, flagged by blockchain security firm PeckShield, marks the first major DeFi hack of 2026 and underscores the persistent vulnerabilities in decentralized finance systems, following a record-breaking year for crypto theft in 2025.
about Truebit Protocol Loses $26.5M in Major DeFi HackTornado Cash
0 posts last weekTornado Cash Token Holders Regain Governance Control After Hack
In a decisive move toward recovery, Tornado Cash token holders have overwhelmingly voted to restore governance control to the original community, marking a pivotal moment for the decentralized privacy protocol. The proposal received 517,000 votes in favor with zero opposition, signaling robust collective support to reclaim authority over the protocol’s future following a sophisticated governance attack. This restoration empowers holders to shape critical parameters like fees and upgrades, aiming to enhance security and transparency as the protocol navigates both technical and regulatory challenges.
about Tornado Cash Token Holders Regain Governance Control After HackCZ Urges Wallet-Level Protections Against $50M Address Poisoning Scams
In the wake of a devastating $50 million USDT theft, former Binance CEO Changpeng ‘CZ’ Zhao is issuing a stark warning to the cryptocurrency industry: address poisoning scams are a solvable problem requiring immediate, wallet-level defenses. Zhao argues that by implementing automatic checks against known malicious addresses and creating real-time security alliances, the sector can eradicate a scam technique that has now claimed hundreds of millions in user funds.
about CZ Urges Wallet-Level Protections Against $50M Address Poisoning ScamsCrypto Whale Loses $38M in Multisig Wallet Exploit
A cryptocurrency investor has suffered a devastating $38 million loss after an attacker compromised a multisig wallet, draining its funds and retaining control of a leveraged DeFi position. This breach exposes critical failures in wallet setup and private key security, highlighting how attackers are increasingly bypassing technical safeguards to exploit human vulnerabilities in the crypto ecosystem.
about Crypto Whale Loses $38M in Multisig Wallet ExploitShibarium Bridge Hack: $3M Stolen, No Police Case Filed
Three months after the Shibarium Bridge hack drained over $3 million from users, the case remains stalled outside formal law enforcement channels. Despite clear on-chain evidence tracing the stolen funds through Tornado Cash to KuCoin, exchanges refuse to act without an official police case number. The delay highlights the critical gap between blockchain sleuthing and real-world legal action in crypto theft cases, leaving victims in limbo and raising questions about the Shiba Inu ecosystem team’s priorities.
about Shibarium Bridge Hack: $3M Stolen, No Police Case FiledCrypto Groups Urge Trump to Intervene in Tornado Cash Case
More than 65 cryptocurrency organizations are calling on President Trump to intervene in the legal case against Tornado Cash co-founder Roman Storm, whose future remains uncertain following one felony conviction and potential retrial on two additional charges. The advocacy groups, including the Solana Policy Institute, Blockchain Association, and DeFi Education Fund, are seeking regulatory clarity and protection for decentralized finance amid ongoing prosecution, highlighting the escalating tension between crypto innovation and regulatory enforcement in the United States.
about Crypto Groups Urge Trump to Intervene in Tornado Cash CaseKohaku Brings Privacy to Ethereum Wallets at Devcon 2025
At Devcon 2025, Ethereum co-founder Vitalik Buterin demonstrated Kohaku, a new wallet solution addressing what he bluntly called the network’s “last mile” problem. Despite Ethereum’s decade-long leadership in blockchain security and privacy research, practical everyday use remains challenging for ordinary users. Kohaku’s introduction of safer recovery mechanisms, private modes, and shared standards represents a significant step toward making Ethereum privacy accessible for real-world applications.
about Kohaku Brings Privacy to Ethereum Wallets at Devcon 2025Senators Probe WLFI Over Sanctioned Token Sales
Democratic senators Elizabeth Warren and Jack Reed are demanding a federal investigation into World Liberty Financial (WLFI), a cryptocurrency firm with close ties to former President Donald Trump, over allegations the company sold governance tokens to blockchain addresses linked to sanctioned entities in North Korea and Russia. The senators warn these transactions could pose significant national security risks, citing evidence that WLFI tokens were purchased by addresses connected to North Korea’s Lazarus Group hacking operation and Russian sanctions-evasion tools. While researchers caution that some allegations might stem from false positives in blockchain analysis, the formal investigation request highlights growing regulatory scrutiny of cryptocurrency companies’ compliance with international sanctions regimes.
about Senators Probe WLFI Over Sanctioned Token SalesCrypto Privacy Meets Compliance in 2026 Shift
The cryptocurrency industry is undergoing a significant pivot toward privacy solutions that can coexist with regulatory requirements. After years of emphasizing blockchain transparency, the sector now recognizes privacy as essential for traders and businesses. New compliant privacy projects are emerging as the industry learns from past enforcement actions against tools like Tornado Cash and Samourai Wallet, with 2026 poised to become the breakthrough year for pragmatic privacy frameworks.
about Crypto Privacy Meets Compliance in 2026 ShiftEthereum Drops 25%, Whales Move $619M Amid Institutional Strength
Ethereum faced a brutal 25% quarterly decline as whale movements through Tornado Cash rattled markets, with prices slipping to $3,099 before stabilizing near $3,300. Despite the sell-off, institutional staking gains and renewed ETF inflows signal underlying strength, with technical analysts identifying current levels as a prime accumulation zone for potential recovery toward $5,000 by year-end.
about Ethereum Drops 25%, Whales Move $619M Amid Institutional StrengthSamourai Wallet Co-Founder Gets 5 Years in Prison
Keonne Rodriguez, co-founder of cryptocurrency mixer Samourai Wallet, has been sentenced to five years in prison for operating an unlicensed money-transmitting business that allegedly laundered hundreds of millions of dollars from criminal activities including dark web markets and fraud schemes. The case represents a significant enforcement action that survived the Trump administration’s generally pro-crypto stance, with US District Judge Denise Cote imposing the maximum sentence while criticizing Rodriguez for using his talents to help criminals conceal stolen funds.
about Samourai Wallet Co-Founder Gets 5 Years in PrisonBalancer v2 $120M Exploit: Precision Flaw Analysis
A sophisticated exploit targeting Balancer v2’s Composable Stable Pools resulted in approximately $120 million in losses across the main protocol and multiple forks. Security firm SlowMist identified the root cause as a precision loss flaw in the platform’s fixed-point arithmetic calculations. The attackers methodically amplified small price discrepancies through carefully orchestrated swap sequences, revealing critical vulnerabilities in DeFi’s automated market maker infrastructure.
about Balancer v2 $120M Exploit: Precision Flaw Analysis