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The post Blockaid withdraws BTTC bridge exploit alert after shutdown operation confirmed appeared on BitcoinEthereumNews.com. Blockchain security firm Blockaid withdrew an earlier exploit alert involving the BitTorrent Chain [BTTC] Bridge. This came after determining that a $13.3 million asset drain was part of an authorized internal operation linked to the project’s planned bridge shutdown. The incident unfolded within minutes on Tuesday after Blockaid’s monitoring system flagged suspicious on-chain activity that resembled a bridge compromise. Justin Sun later said the transactions were part of the completion of the BTTC Bridge Sunset Program, prompting Blockaid to revise its assessment. Bridge activity initially resembled an exploit Blockaid initially warned of a potential exploit on the BTTC Bridge after detecting approximately $13.3 million in assets. The assets included about 7,285 ETH and multiple ERC-20 tokens, leaving the bridge’s Ethereum predicate contracts. According to the
Read full articleThe shift to post-quantum cryptography could redefine blockchain security, impacting investment strategies and regulatory compliance globally. The post Crypto firms prepare defenses against quantum encryption threats appeared first on Crypto Briefing.
A trader has lost nearly $2 million in an Ether swap after a decentralized exchange router sent the transaction through a low-liquidity pool, allowing a same-block arbitrage trade to capture almost the entire value. According to blockchain security firm GoPlus…
Blockaid detected an active exploit that has drained about $6 million from Summer.fi. Summer.fi has not disclosed the exploit’s cause or confirmed affected user vaults yet. The attack underscores growing security risks facing institutional-focused DeFi platforms. Summer.fi has suffered a security exploit that has drained about $6 million, according to blockchain security firm Blockaid. The […] The post Summer.fi Exploit Drains $6M as Blockaid Detects Ongoing Attack appeared first on Live Bitcoin News.
Crypto-related losses have fallen 46.8% year over year to $1.32 billion during the first half of 2026, but blockchain security firm CertiK has warned that the decline does not indicate a safer digital asset ecosystem. According to CertiK’s H1 2026…
DeFi vault platform Summer Finance was drained of roughly $6 million on Monday in an exploit that security firm Blockaid said its detection system flagged as it was unfolding. Blockaid posted the exploit transaction, the attacker's address and the affected Lazy Summer contracts within minutes of…
SlowMist urges users to check older wallets for possible Ill Bloom vulnerability exposure. Coinspect links weak seed generation to over $5 million in reported crypto losses. Hardware wallets appear safe while older mobile software wallets face higher risk. Blockchain security firm SlowMist has urged cryptocurrency users to verify whether their wallet addresses are affected by […] The post SlowMist Warns Users to Check Wallets for Ill Bloom Vulnerability appeared first on Live Bitcoin News.
Web3 security incidents cost the industry more than $1.31 billion across 344 events in the first half of 2026, according to CertiK's Hack3D H1 2026 Report, published Monday. Net losses stood near $1.2 billion after frozen and recovered funds, the blockchain security firm said. Headline totals show…
Blockaid flagged an active Summer.fi exploit, saying about $6M was drained as DeFi vault security faces renewed market attention.
