Morning Edition · Tuesday, September 15, 2026Published at 1:52 AM EDT · New York
An attacker bought and self-delegated 3.3% of Yam Finance's token supply to clear quorum alone, while two BNB Chain token contracts lost funds to classic reentrancy.
Security researchers published working reproductions of three recent exploits to the DeFiHackLabs repository overnight. The largest concerns Yam Finance, a decentralized autonomous organization (DAO) whose governance has been effectively in…
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Part of a tracked trend
Losses Move to Components That Worked as Designed
A growing share of DeFi losses will come not from buggy contract code but from components behaving exactly as specified — oracle forwarders, validator signature sets, governance votes and other trusted off-contract inputs — so audits and bug bounties scoped to on-chain code keep missing the failure surface, and protocols will be repeatedly forced to extend review, scope and monitoring to their privileged operational infrastructure.
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