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Morning Edition · Thursday, August 6, 2026Published at 1:48 AM EDT · New York
Researchers Publish Working Exploits for Two Token Drains as July's Bridge and Oracle Losses Are Documented
The MOKE drain on BNB Chain used Ethereum's new account-delegation feature against an unprotected claim function, taking roughly $907,700.
Security researchers at DeFiHackLabs have published reproducible proofs of concept for two recent token drains, the standard step that turns an incident report into something other developers can study. The first concerns MOKE on BNB Chain.…
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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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