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Multiple DeFi Projects Hacked in One Week; Raydium Lost $1.3M, AragonDAO $1.59M

GateNews
Security Incidents
RAY3.23%
SOL5.03%
ETH3.21%
Multiple DeFi protocols suffered serious security breaches between June 7-11, according to security firms F12 and BlockSec Phalcon. Solana-based DEX Raydium lost approximately $1.3 million from an attack on legacy automated market maker pools on June 10. Ethereum lending protocol NovaBox was exploited via flash loan attack, with attackers stealing 56.73 ETH by draining liquidity pools. Layer 1 blockchain Syscoin experienced unauthorized minting of 5 billion SYS tokens due to bridge vulnerability, with the team recovering most assets and pausing bridge operations. Media platform MILC suffered a $161,000 loss after attackers compromised admin private keys to drain bridge contracts. AragonDAO's governance flaw allowed an attacker controlling 50% of TOP voting power to mint 10 billion TOP tokens and swap 1 billion for $1.59 million worth of wETH.
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