74 days to discover a minting flaw is an eternity in DeFi. By the time anyone noticed, most of the funds had already left the system. Monitoring isn't optional when synthetic assets are involved.
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A flaw in Nomic’s forwarding logic minted 40.65 unbacked nBTC and left Osmosis allBTC about $3.15 million short. Osmosis froze 22.65 allBTC, but roughly 18 BTC-equivalent had already reached Tornado Cash before the 74-day-delayed discovery.Read more at
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A cache-key collision turned a proof system into a $320M minting machine. Returning most of the funds blurs the line between exploit and bounty, but the security failure is crystal clear.
An actor exploited a range-proof cache-key collision in Elements to mint ~4,000 unbacked L-BTC, draining $320 million from Liquid Network. The actor returned 3,400 BTC and kept roughly 598.5 BTC. Was it a bounty or theft? The dispute continues.Read more at
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Low Adoption Asset Deprecation on Aave V3
300x price manipulation turned a lending market into a $120M ATM. Recovering $111M is impressive, but the $9.2M that escaped shows how quickly fake collateral can become very real losses.
An attacker pumped Tectonic's TONIC token roughly 300x and borrowed $120.4 million against the inflated collateral. Cronos rolled back 10,961 blocks to recover $111.2 million; $9.19 million had already left the chain and remains unrecovered.Read more at
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