The Weekly Grind (Jun 25–Jun 28): Polymarket's $3.1M Hack & Ethereum's Job Cuts
Polymarket hacked for $3.1M. Ethereum cuts 54 jobs. Crypto roles shift as markets shake.
Polymarket hacked for $3.1M. Ethereum cuts 54 jobs. Crypto roles shift as markets shake.
Gravity Bridge, the cross-chain protocol linking Ethereum to Cosmos, was drained of $5.4 million in a suspected signing key compromise. May 2026 is now the worst month for bridge exploits on record, with $328M stolen.
A single obfuscated tweet tricked xAI's Grok into executing a $175K on-chain transfer — no private keys stolen, no smart contract exploit. Just a chatbot doing what it was told.
A coordinated attacker swept over 500 long-dormant Ethereum addresses, stealing ~$800K and routing funds through ThorChain. The compromise vector is still unknown — and your old wallets may not be safe.
Lazarus Group's new 'Mach-O Man' macOS malware is targeting crypto and fintech executives with convincing fake meeting invites, stealing keychain data and wallet credentials before erasing itself completely.
April 2026 is already the worst month for crypto hacks since February 2025. $606 million gone in 18 days. 3.7x the entire first quarter. Today, Congress is holding hearings. Here's what broke.
Hackers breached Vercel — the hosting backbone for thousands of DeFi apps — by exploiting a compromised third-party AI platform. API keys, tokens, and source code are on sale for $2M on BreachForums.
Grinex — the sanctions-dodging successor to Russia's notorious Garantex — shut down after a $13M hack and blamed 'Western special services.' The irony is too rich.
Tether is bailing out Drift Protocol with $148M after North Korea's $285M heist — but the real play is quietly replacing Circle's USDC as Solana DeFi's settlement currency.
A forged cross-chain proof let an attacker mint 1,000,000,000 fake DOT tokens on Ethereum in a single transaction. Thin liquidity saved Polkadot. Twelve days earlier, Hyperbridge had posted an April Fools' joke about exactly this.
Drift Protocol confirmed today that the April 1 exploit wasn't opportunistic — DPRK-linked hackers spent six months attending crypto conferences, building real relationships, and depositing real money before draining $270M.
Drift Protocol, Solana's leading perpetuals DEX, was drained of up to $285M in a still-unconfirmed exploit on April 1 — and the attacker is still moving funds right now.