Morning Edition · Tuesday, June 23, 2026
Security Roundup: Reproductions of the SquidRouterModule Drain Headline a Run of DeFi Incidents
An access-control flaw in a third-party Safe module, a forced-swap drain and an overnight vault redemption scare illustrate the recurring attack surface in decentralized finance.

Security researchers at DeFiHackLabs published reproductions of several recent exploits, led by the SquidRouterModule incident from May. The attacker abused the module's Axelar express entry point, which accepted attacker-supplied payload d…
Continue the Crypto Intelligence Brief
Track on-chain flows, protocol shifts, stablecoins, and regulation.
- 5 crypto intelligence signals a day
- Tracked crypto trends, day over day
- Stablecoin and regulatory movement
- Source-grounded analysis with confidence labels
The Global Intelligence Brief stays free.
Part of a tracked trend
Bridge and Mint Exploits Sustain Heavy DeFi Losses
Over 3-6 months, recurring bridge proof-validation and unauthorized-mint exploits keep monthly DeFi losses elevated, including drains of deprecated contracts.
More from this edition
- Five Departed Ethereum Researchers Launch Ethlabs, Turning a Funding Gap Into a Contest Over Who Steers the Network
- Trump Signs Twin Quantum Orders, Pulling Forward the Timeline Crypto Custody Has Been Planning Around
- United States Senate Passes Four-Year Ban on a Federal Reserve Digital Dollar, 85 to 5
- Bitcoin Falls Below $63,000 as a Rotation Out of AI and Chip Stocks Drags Risk Assets Down
- Privacy Chains Sharpen an Institutional Pitch, and a Debate Over Who Holds the Off-Switch
- Ripple Wins Preliminary MiCA Approval in Luxembourg, Opening Regulated Crypto Payments Across Europe
- Ripple Spotlights a Tokenized Treasury Settlement With JPMorgan and Ondo on the XRP Ledger
- Binance Adds Dollar-Margined TradFi Perpetual Contracts, Extending the Perps Land Grab Offshore
- Bank of England Sets Stablecoin Rules and Caps Sterling Tokens Near $53 Billion
- Bank of America Now Expects Three Fed Rate Hikes This Year as Warsh's Inflation Fight Hardens
- New Research Tackles the Core Privacy Problem: Compliance Without Surrendering Confidentiality