# Three Exploits in Nine Days Took Roughly $10.4 Million Through Governance, Liquidation Math and a Card Program

None of the three attacks required a broken contract: one attacker bought voting control for about 0.5 ether, another manipulated how a lender books liquidation remainders, and a third drained a neobank's card system.

- Published: 2026-08-31T05:50:12.747Z
- Canonical: https://polylog.news/crypto/2026-08-31/three-exploits-in-nine-days-took-roughly-10-4-million-throug
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/web3/2026/08/29/a-usd1-1-million-crypto-card-hack-crashed-a-neobank-s-token-49), [Rekt News](https://www.rekt.news/), [DeFiHackLabs](https://github.com/SunWeb3Sec/DeFiHackLabs/commit/4efc2849a746200912d01efa0080710ea7361ac2)

Beyond the Cronos incident, three smaller attacks in the past nine days share a common feature: the code did what it was written to do. Term Labs lost about $8.5 million on 23 August, roughly 2,843 ether and 1.68 million USDC, when an attac…

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