Morning Edition · Friday, July 17, 2026Published at 1:28 AM EDT · New York
Security Roundup: A Cluster of Smaller DeFi Drains Follows the Ostium Oracle Attack
Rekt and DeFiHackLabs logged fresh incidents across protocols including a Lumi Finance account-abstraction paymaster bug, keeping monthly losses elevated even as the headline exploit dominates.
Beyond the Ostium oracle attack, the security trackers logged a run of smaller incidents that individually receive little attention but collectively keep decentralized-finance losses high. The DeFiHackLabs research repository published a pr…
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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.
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- Visa Opens a Stablecoin Platform for Banks, Starting With the Open USD Standard
- CLARITY Act Market-Structure Text Set to Drop Without Senate Democratic Support
- Injective Files to Become an SEC Transfer Agent, Aiming to Put Securities Ownership Records On-Chain
- Bitcoin Falls Below $64,000 After Fresh US Strike on Iran and a Trump Remark on China
- Fed Chair Warsh Rules Out a Crypto Bailout, With a Caveat for "Extraordinary" Risk
- Polygon Layoffs and 1inch Co-Founder's Exit Mark Crypto's Pivot to Revenue Discipline
- T. Rowe Price Debuts an Actively Managed Multi-Token Crypto ETF
- Cloudflare's x402 Payment Layer Opens a Path for Bitcoin in AI-Agent Micropayments