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Morning Edition · Thursday, September 24, 2026Published at 1:46 AM EDT · New York
Oracle Manipulation and Unbacked Mints Pushed September Decentralized Finance Losses Above $326 Million
Nostra lost $3.5 million on Starknet after an attacker inflated its token roughly 8,000-fold, and Cronos rolled back 10,961 blocks to undo a $120 million borrow against manipulated collateral.
Public loss trackers cited in coverage of this month's attacks put September's decentralized finance (DeFi) losses above $326 million across roughly 18 incidents. The largest cases share a root cause that has nothing to do with buggy contra…
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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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