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Morning Edition · Friday, July 24, 2026Published at 1:23 AM EDT · New York
DeFi Loses Roughly 35 Million Dollars in July to Oracle and Governance Attacks as an Executive's Account Is Hijacked
Oracle-key and price-feed manipulation took funds from Ostium and Bonzo Lend, a governance vote stole from BonkDAO, and Robinhood chief Vlad Tenev's account was used to promote a fake token.
July's on-chain losses cluster around price and vote manipulation rather than raw code bugs. The perpetual-futures exchange Ostium, built on Arbitrum, lost about 23.75 million dollars after an attacker used a compromised oracle signer key a…
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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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