Web3 Security Weekly Intelligence — October 5–11, 2026
The seed phrase was read off the screen before the buyer ever used the device, and the stolen dollars pivoted to the one stablecoin that has no kill switch — the week's two facts…
Articles tagged Stablecoin
The seed phrase was read off the screen before the buyer ever used the device, and the stolen dollars pivoted to the one stablecoin that has no kill switch — the week's two facts…
A ~$10M freeze met a same-day escape hatch, the DOJ put a nine-figure forfeiture on paper, and a payments firm asked a federal court who actually controls a stablecoin — the week…
The first complete recovery this column has recorded — identification, publicity and a 48-hour clock — alongside a compensation market that now has its own tradable claim tokens…
The freeze lever caught 0.08% of the year's largest theft, a chain halt caught $2.2M the same week, and the KelpDAO–LayerZero dispute moved from the timeline to a courtroom.
Two signing keys drove the week's damage — a prepared list worked for six days, and a bridge minted from a compromised key — while the other failures shared one shape, a check…
Losses rose 8.8x on five events, three quarters of it running on signing keys — a six-day wallet drain and a bridge minted from a compromised key — while a separate ~$4.3M of…
Enforcement stayed small and unattributed, the largest loss of the week left 1.44M XRP (~$2.05M) sitting in the operator's own wallets, and the containment ledger shows what…
A quiet dollar week with a loud pattern: three unbacked-mint failures on Bitcoin wrappers in six days, two settlement-layer checks that were never made, plus Tether's $39.27M…
The smallest dollar week this site has recorded, on a net basis down 91% — but three unbacked-mint failures in six days, and two settlement-layer checks that were never made, make…
A quiet dollar week with a structural alarm: three wrapper backing failures in six days, and a freeze pipeline operating at nearly eight times the week's crime total.
The freeze pipeline out-earned the week's entire crime total nearly eight-fold: a $39.27M issuer freeze on TRON against ~$5.1M of realized losses, while Chainflip pledged to make…
The largest Bitcoin-sidechain incident of the year defines the week: 3,998.5 unbacked L-BTC minted via a cache-key collision, pegged out within minutes, mostly returned on-chain…
A dual-basis report: the largest single event of the year ($320M gross, ~$272M returned) sits on top of a busy protocol tail (~$11.6M).
Negotiated partial returns become a measurable recovery channel: the Liquid attacker gave back ~85% of a $320M haul, while issuer freezing did its usual quiet work on TRON.