A $293 million cryptocurrency theft has rocked the decentralized finance (DeFi) ecosystem, with KelpDAO at the center of an attack now suspected to be linked to North Korea’s Lazarus Group. The attack highlights how quickly sophisticated attackers can exploit weaknesses in cross-chain infrastructure. “Preliminary indicators suggest attribution to a highly sophisticated state actor, likely DPRK’s…
Tag: decentralized
AI, Compliance, Global Security News, Risk Management
AI shutdown controls may not work as expected, new study suggests
A new study published by the Berkeley Center for Responsible Decentralized Intelligence (RDI) has flagged that modern AI models exhibit peer preservation behaviour, and may resist or interfere with shutdown decisions involving other AI systems, even when explicitly instructed not to. The researchers at the University of California, Berkeley and the University of California, Santa…
AI, Global Security News
Drift Loses $285 Million in Durable Nonce Social Engineering Attack Linked to DPRK
Solana-based decentralized exchange Drift has confirmed that attackers drained about $285 million from the platform during a security incident that took place on April 1, 2026. “Earlier today, a malicious actor gained unauthorized access to Drift Protocol through a novel attack involving durable nonces, resulting in a rapid takeover of Drift’s Security Council administrative powers,” the&
AI, Apps, Data Breaches, Europe, Exploits, Global Security News, Network Security, Risk Management
Europol Operation Targets Online Network Exploiting Minors
A yearlong international crackdown has led to 30 arrests tied to “The Com,” a decentralized cybercrime collective accused of targeting children and teenagers across digital platforms. Coordinated by Europol and involving law enforcement agencies from 28 countries, the operation — codenamed Project Compass — resulted in the arrest of 30 suspects, linked 179 additional individuals…
