Two Sender Identities, $149K Gone: Inside DBXen's ERC-2771 Accounting Exploit
A transaction-level reconstruction of the DBXen ERC-2771 sender mismatch that drained roughly $149K, plus the invariants that would have stopped it.
Inside the $285M Drift Protocol Heist: Six Months of Trust, 12 Minutes to Start the Drain
The $285M Drift Protocol heist began with six months of trust-building. See the verified attack chain, conflicting figures, and controls that could have stopped it.
Aave's December Brand Vote: What the Numbers Show—and What They Cannot Prove
A source-led reconstruction of Aave's December 2025 brand vote separates the published result and $15M purchase statement from claims about wallet control, coordination, and intent.
Bitcoin Lending After the Collapse: A Practical Test of Four Institutional Controls
Evaluate institutional Bitcoin loans after the 2022 failures with a four-control framework, an LTV stress test, and a six-point diligence checklist.
Q1 2026 Crypto Security Report: How the $1.5B Bybit Hack Signals a New Era of Infrastructure Attacks
Q1 2026 saw $2 billion in crypto losses as attackers abandoned smart contract exploits for supply chain attacks, social engineering, and DNS hijacks. The $1.5B Bybit breach and $286M Drift Protocol hack reveal a new threat model requiring full-stack security beyond Solidity auditing.
Hyperliquid HIP-4 Is Live: How Prediction Markets Just Got a Perp Exchange Backbone
Hyperliquid's HIP-4 brings native binary outcome contracts to the world's largest decentralized perp exchange — unified margin, zero open fees, and a CLOB processing 200,000 orders per second. Here is what it means for Polymarket, Kalshi, and the $29B/month prediction market sector.
DeFi's Quiet Triumph: How $15.7B in Liquidations Proved the Protocols Actually Work
Q1 2026's $15.7 billion liquidation cascade — triggered by Bitcoin's 43% drawdown and 46 straight days of extreme fear — ended without a single major DeFi lending protocol becoming insolvent. Here's why the architecture held, what still broke, and what it means for institutional crypto adoption.
Hyperliquid HIP-4 Goes Live: How a Zero-Fee Order Book Just Flipped the Prediction Market Wars
Hyperliquid's HIP-4 outcome markets launched on mainnet May 2, 2026 with zero fees to open, directly targeting Polymarket and Kalshi as the prediction market industry crosses $8.6B in monthly volume. A single design decision could redraw a $24 billion industry.
Arcium's Encrypted Supercomputer: Why MPC May Be Web3's Missing Privacy Layer
Arcium's MPC-powered encrypted supercomputer launched on Solana in February 2026, and its ecosystem just crossed $7.5M with live apps for sealed-bid auctions, private wallets, and confidential information markets. Here is why it could become Web3's default privacy layer.