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Exploit
ZkSync-Based DEX Merlin Drained of $1.8M During Public Token Sale Despite ‘Audit’
The project garnered hype among Crypto Twitter users for its attractive yield offered on deposits.

LI.FI and InsurAce Pitch Protection for Moving Crypto Between Blockchains
LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another.

Safemoon Hacker Strikes Deal With Developers to Return $7.1M
The exploiter will retain 20% of the stolen funds as a bug bounty.

Kyber Network Advises Liquidity Providers to Withdraw Funds Amid Vulnerability, Token Drops 2%
Kyber's Elastic product's total value locked has plunged to $61 million from $108 million a day earlier.

Crypto Exchange Bitrue Drained of $23M in Hack of Ether, Shiba Inu, Other Tokens
Bitrue said the affected wallet contained “less than 5%” of overall reserves.

Exploit Involving Aave and Yearn Helped Users Make Money
The exploiter paid back Aave users’ USDT debts on its v1 markets, making the total USDT borrowed stand at zero.

DeFi Protocol Yearn Finance Impacted in Nearly $11M Exploit That Occurred Via Aave Version 1
The exploiter was able to steal millions of U.S. dollar-pegged stablecoins, data shows.

Huobi and Gala Games to Give $50M to Victims of pGala Scheme
The firms will compensate the scheme’s victims while fighting for millions in damages from the cross-chain bridge that covered up the token-printing scheme.

Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,' CEO Says
A publicly available token burn function in the contract allowed attackers to manipulate the protocol, some said.

Algorand Wallet MyAlgo Advises Users to Withdraw Funds After $9.6M Exploit
John Woods, chief technology officer of the Algorand Foundation, said 25 wallets were affected.
