
Econ Security Spotlight: Incentive Attacks and Economic Safeguards
TL;DRWeb3 security has shifted beyond code bugs to economic vulnerabilities, as record 2025 losses showed that even flawless code can’t save a protocol with...
Read more →Security insights and updates from the Exploitless team. Featuring original research and syndicated content from Medium.

TL;DRWeb3 security has shifted beyond code bugs to economic vulnerabilities, as record 2025 losses showed that even flawless code can’t save a protocol with...
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TL;DRCross-chain security is no longer mainly about token wrapping or bridge UX. It is about whether a system can preserve message integrity as data, assets,...
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TL;DR:Crypto theft on-chain: In 2025, over $3.4B in cryptocurrency was stolen. North Korea–linked hackers alone accounted for roughly 52–61% of that (≈$2.0B)....
Read more →Attack Story 4: WazirX: When Multisig UX Becomes a Security Boundary
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TL;DRSecurity strategy should change as a protocol changes. What is acceptable at seed stage becomes dangerous at growth stage, and unacceptable at...
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TL;DR:Audits are mission-critical. With billions at stake in DeFi, smart contract audits have gone from “nice-to-have” to must-have, top auditors command...
Read more →Attack Story 3: Coincheck: When Custody Architecture Becomes the Exploit
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TL;DRFlow anomalies detect sub-second asset movements that deviate from a protocol’s historical operational “heartbeat”.Threshold breaches identify when...
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TL;DR:Static audits alone are insufficient. In DeFi, continuous on-chain monitoring (“runtime defense”) is essential because new exploits can emerge at any...
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TL;DRIn the 2026 DeFi landscape, code security is a solved baseline; the primary threat surface has moved to integration risk and the fragile boundaries...
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TL;DRBridges hold enormous value. Blockchains now interoperate via bridges that lock up millions or even billions of dollars in pooled assets. Predictably,...
Read more →Attack Story 2: The Munchables Exploit: When “Rogue Dev Risk” Becomes a Protocol Incident.
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TL;DROne-time code reviews reduce risk, but active defense assumes failures will still happen and designs for containment.Runtime resilience is built from...
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TL;DRIn February 2025, a supply-chain compromise of a third-party multisig service led to a $1.44B heist on Bybit.Attackers injected malicious code into the...
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TL;DRA real audit starts before code review: scoping, threat modeling, and agreeing on what “safe” means for your protocol.The best outcome is not a PDF, it’s...
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TL;DRThe lifecycle of a Web3 security incident has evolved from a terminal event into a multiyear operational long tail involving legal restructuring,...
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TL;DR• Modern Web3 security has transitioned from finding simple code bugs to modeling economic threats, as record losses in 2025 proved that sound code cannot...
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TL;DR• Access control mistakes are still one of the most common root causes of serious Web3 hacks.• You can catch a surprising number of issues in an hour by...
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TL;DRThe exploit drains funds, but the reaction decides whether trust survives.Panic and silence are the two most common failure modes during Web3...
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TL;DRWeb3 is still losing billions to hacks; in 2025 the average loss per incident was about $5.3M, so an audit is risk management, not a checkbox.Real audits...
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TL;DR• Web3 hacks routinely cost billions per year; in 2022 alone, about 3.1–3.8B USD was stolen, with DeFi and bridges taking the majority of the hit.• A...
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TL;DRCross-chain bridges alone have been hacked for $2.5–2.8B+, accounting for roughly 40–70% of all value stolen in some recent years.Most losses trace back...
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TL;DR• Most losses still begin with simple failures: stolen keys, bad approvals, unmonitored admin power. • In 2024 alone, attackers stole about 2.2 billion...
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TL;DRMost big exploits leave a trail on-chain minutes before the worst damage: strange flow patterns, abnormal function calls and outsized transfers.You do not...
Read more →How to Read Old Web3 Postmortems in 2026 and Still Learn Something Useful
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TL;DRDeFi “money legos” make integrations one of the biggest attack surfaces in Web3, not just a convenience layer.bZx, Mango Markets and Euler Finance all...
Read more →Attack 2 – The Parity Multisig Bug (2017): When the Wallet Became the Weakest Link
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TL;DRWeb3 hacks have moved in eras: from contract logic bugs to bridge failures and CEX cold-wallet compromises.Each landmark exploit exposed a different wrong...
Read more →The DAO Hack: The Prototype Web3 Failure
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TL;DRIn 2024, crypto platforms lost about $2.2B to hacks across 303 incidents, which works out to almost one major incident every day.The first 5 minutes...
Read more →The Top 10 Web3 Vulnerabilities That Keep Getting Teams Hacked
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TL;DRIn 2024, Web3 lost between $1.5–2.5B+ across hundreds of incidents; audits alone clearly aren’t enough.Around 70% of major 2024 exploits hit audited...
Read more →The Largest Web3 Hack Ever (Bybit): Anatomy, Numbers & What It Reveals
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