Morning Edition · Saturday, July 18, 2026Published at 1:32 AM EDT · New York
DeFi Losses Near $35 Million in a Week as Governance and Oracle Attacks Hit
An attacker spent about $4.4 million to seize control of BonkDAO's treasury for a $20 million payout, while a zeroed-signature flaw let a thief borrow $9 million from Bonzo Lend on Hedera.
Decentralized finance lost roughly $35 million over the past week across several distinct attack types, a reminder that the sector's most common failures are not exotic. The largest was a governance attack on BonkDAO, the treasury tied to t…
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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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