◇Bridge and Mint Exploits Sustain Heavy DeFi Losses

Score history

Daily conviction score, 0 to 100. Higher means the thesis is more strongly corroborated.

Now 100

Showing the last few days. Unlock full score history.

Why the conviction moved

• Oct 29
  Context

  The $7.45M Avalanche safe drain adds to monthly DeFi losses, and the owners are offering a 42,500 WAVAX bounty after a bot front-ran the attacker. But it was an approval-hygiene failure, not the bridge proof-validation or unauthorized-mint pattern this thesis tracks.

• Oct 28
  Context

  The X100, Arkadiko and Yapeswap governance takeovers add about $7 million to the month's DeFi losses. The cause was borrowed voting power, not a broken bridge proof or an unauthorized mint, so the losses stay high without supporting the thesis's claim about which bug class drives them.

Showing the last 2 days. Unlock the full record.

Source trail

• Context · October 29, 2026

  Attacker Drains $7.45 Million From an Avalanche Safe Using an Approval Granted Months Earlier to an Empty Address

  The $7.45M Avalanche safe drain adds to monthly DeFi losses, and the owners are offering a 42,500 WAVAX bounty after a bot front-ran the attacker. But it was an approval-hygiene failure, not the bridge proof-validation or unauthorized-mint pattern this thesis tracks.

  DeFiHackLabs

• Context · October 28, 2026

  Attackers Use Bought and Borrowed Votes to Take Over X100, Arkadiko and Yapeswap Governance

  The X100, Arkadiko and Yapeswap governance takeovers add about $7 million to the month's DeFi losses. The cause was borrowed voting power, not a broken bridge proof or an unauthorized mint, so the losses stay high without supporting the thesis's claim about which bug class drives them.

  CryptoSlate