Bearish
Bitcoin and Ethereum Protocols Suffer $35M Loss in Coordinated Hacks
23.07.2026 09:48
In a series of coordinated attacks occurring within hours of each other, multiple decentralized finance (DeFi) protocols linked to Bitcoin (BTC) and Ethereum (ETH) have suffered combined losses exceeding $35 million. The incidents targeted vulnerabilities in cross-chain bridges and smart contracts, highlighting ongoing security risks in the crypto ecosystem. Affected projects include those utilizing wrapped Bitcoin (WBTC) and Ethereum-based lending platforms. Security analysts are urging users to exercise caution and review protocol audits before interacting with high-risk DeFi applications.
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