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The decentralized finance (DeFi) minefield claimed its latest victim this morning as Bunni, an exchange built on top of Uniswap, was exploited for a reported $8.4 million. According to the Bunni website, the app “maximizes liquidity provider profits in all market conditions.” Today’s losses suggest otherwise. Approximately two hours after crypto security audit firm BlockSec raised the alarm over the suspicious transactions, the Bunni team acknowledged the incident and paused its contracts across all networks . The Bunni app has been affected by a security exploit. As a precaution, we have paused all smart contract functions on all networks. Our team is actively investigating and will provide updates soon. Thank you for your patience. — Bunni (@bunni_xyz) September 2, 2025 Read more: CoinDCX hack: $44M gone after dev opens file from side gig BlockSec had initially flagged losses of around $2.3 million on Ethereum but, when more audit firms looked into the in...

South Korean crypto exchange Bithumb says it is “proactively responding” after the country’s largest mobile network operator, SK Telecom, was hacked. SK Telecom, which holds nearly 50% of South Korea’s phone service market, says it was attacked on April 19 with a malware infection that allowed hackers to access sensitive USIM-related customer information. This information, which traditionally includes mobile subscriber identity data, authentication keys, network usage data, and SMS or contacts, could be used for targeted surveillance, tracking, and SIM-swap attacks. In response, Bithumb has announced that it “is proactively responding to ensure that you can use our services safely through real-time monitoring of USIM forgery.” In a statement issued on Thursday, the exchange said, “Bithumb operates an account security enhancement policy to protect our customers’ accounts, and we would like to inform you of damage preventio...

The world’s largest crypto exchange platform by trading volume is adding support for a new Bitcoin (BTC) staking protocol. In a new announcement, Binance says it will be adding the BTC staking project Babylon (BABY) to its massive suite of digital asset products. Babylon, which launched Babylon Genesis today, rose in value after gaining support from Binance. BABY went from a daily low of $0.084 to a peak of $0.099 just a few hours later. It has since retraced and is trading for $0.087 at time of writing, a 4.6% gain during the last 24 hours. According to the project’s official litepaper, the protocol is designed to fix latency, security and programmability issues associated with BTC, something layer-2 projects have struggled with in the past. “Bitcoin is the first and still the top blockchain in terms of market capitalization. However, beyond a store of value, its utility has been limited by its small blockspace, high latency, and limited progr...

MIND of Pepe ($MIND) has soared past $5 million raised in its presale within just three weeks, positioning the AI meme coin hybrid as one of the year’s standout projects. Word on the industry grapevine suggests that MIND of Pepe could significantly up the game in both the meme coin and AI-integrated crypto sectors with its groundbreaking approach to trading and market intelligence.  As of this writing, the project has raised $5.13 million at presale. First movers have the opportunity to load up on $MIND at the rock bottom fixed presale price of just $0.0032662.  However, less than 36 hours remain before the price incrementally increases in the next stage of the presale.  The price will still be a fraction of a cent for the remainder of the presale, so there’s enough time to get acquainted with the project, but the sooner you buy in, the more potential upside you could realise.  Five Million. $MIND pic.twitter.com/...

Excitement is building around Wall Street Pepe (WEPE), with less than two weeks left in its presale phase, making this a final chance to invest in a potential 100x meme coin. If you’re familiar with the massive success of coins like Pepe, you might want to pay attention to Wall Street Pepe, as it’s showing signs of similar explosive potential. Last chance to invest in Wall Street Pepe presale, 12 days left Investing in presale projects gives a unique advantage: early buyers are in a great position to profit as these tokens often experience multiple price increases. When a project launches, hype usually builds—thanks to community support and promotion—which pushes the price up. More price increases often follow, especially when the project gets listed on centralized or decentralized exchanges or introduces new utilities. As the community grows and more people invest, these presale opportunities become even more profitable. Wall Street Pepe, for example, has ...

CoinEx, the Hong Kong-based cryptocurrency exchange, has become the subject of what it called a ‘security incident,’ with multiple suspicious transactions stemming from the platform’s Ethereum hot wallet. According to Cyvers Alerts, a hot wallet linked to the exchange continues to be drained of its contents. More than 27.8 million in losses Prior to the official statement from the exchange, alerts from different sources have been turned to this hot wallet. Etherscan data does show that the CoinEx hot wallet transferred 4,947 Ether ($7.9 million) to an account that had no prior history. Other affected wallets included TRON and Polygon (MATIC), with estimated combined losses of $27.8 million. ALERTHey @coinexcom, Our AI powered system has detected multiple suspicious transactions with your #Ethereum hot wallet. It is being draining right now. You should stop all the withdraws and deposits right now@tayvano_ @zachxbt More info will come Stay Vigilant! pic.twitt...

NongHyup Bank revealed that the leading banks in South Korea, including Industrial Bank of Korea, Shinhan Bank, and Woori Bank, have joined its consortium for security token offerings. The consortium has also witnessed the participation of other financial technology companies such as Funble, Trackchain (a subsidiary of Aton), and Artipio (a fractional art investment subsidiary of Yes24), bringing the total number of participants to 18 firms. STO market reaches $26 billion NongHyup Bank, along with Suhyup Bank, Jeonbuk Bank, and six fractional investment firms, established a consortium in April to develop a security token ecosystem, as reported by The Korea Herald. With the STO market predicted to reach 34 trillion won ($26.6 billion) in size next year, banking groups are increasingly showing interest, particularly due to the Financial Services Commission’s plans to ease regulations later this year.  You might also like: Celsius users will be allowed to swap altcoins f...

The investigator claimed to be targeted as a suspect because they maintained a crypto security repo on GitHub. The pseudonymous Twitter user and Blockchain investigator Officer’s Notes believes they may have been a suspect in the $195 million Euler Finance hack. In an April 4 Twitter thread, the Security researcher stated, “Seems like I was a suspect in this case, as usual.” The Euler team has denied that Officer's Notes was a suspect , claiming instead that the researcher was helpful in the investigation. they urgently woke me up in the middle of the night and been asking for help when the attack happened… we even had a google meet call lmao WTF Euler was this just to get my GitHub access data logs from my OpSec repo (which I did lol)… Seems like I was a suspect in this… — Officer's Notes (@officer_cia) April 5, 2023 Officer’s Notes, also known as Officer_cia, is a security researcher, blogger, and auditor for blockchain security firm Pessimistic, according to the user...

Blockchain interoperability is essential for the industry, but current solutions such as bridges are quite vulnerable. So what is the solution? Blockchain interoperability is one of the most important goals to ensure that the industry becomes future-proofed. Smooth cross-chain communication and flow of value are essential for efficient transactions and use cases. By addressing the fragmentation of Layer-1 networks, the Blockchain industry can improve user experience, open new opportunities for collaboration, overcome its speed and scal ability limitations, and accelerate the Adoption of the technology across all major industries. The problem of cross-chain solutions While blockchain market participants realized the importance of interoperability long ago, we still don’t have decentralized systems that can work together smoothly, securely, and on a large scale. Today, cross-chain communication relies on go-between platforms such as bridges. The problem is that bridges have turned out...