📌 MAROKO133 Breaking crypto: Top 10 Crypto Hacks Total $5.7 Billion, But Proposed
The 10 largest crypto hacks have drained a combined $5.68 billion from the industry, yet a structural defense proposed by a DeFiLlama developer would have applied to just one of them.
Data places the $285 million Drift Protocol exploit alongside legacy disasters such as Mt. Gox and FTX. The list has renewed debate over whether Decentralized Finance (DeFi) security is improving fast enough.
Lending Protocols Face Higher Risk
A DeFiLlama developer proposed combining cross-protocol tranching with 24-hour withdrawal rate limits. The idea splits depositor capital into senior and junior tranches, then caps daily withdrawals at the junior tranche’s size.
According to the developer’s data, 3.92% of lending protocols with peak total value locked above $50 million have suffered an 80%-plus drain.
That rate is 4.6 times higher than the 0.85% observed across all protocol categories. Cross-protocol tranching could reduce the probability of total loss for senior depositors by roughly 80%, the developer estimated.
The combination would enforce that senior-tranche capital can always be made whole, provided the hack does not exceed the junior buffer within a single day.
Most Losses Fall Outside DeFi Lending
However, the top-10 list exposes the proposal’s limits. Drift Protocol, the largest DeFi hack of 2026, lost $285 million through a governance takeover that drained vaults in roughly 12 minutes.
Tranching plus rate limits could have slowed that drain and preserved senior depositor funds.
The remaining nine incidents fall into two categories that tranching does not address. Five were centralized exchange failures, including the $1.5 billion Bybit breach and the collapses of FTX and Mt. Gox.
Four were cross-chain bridge exploits affecting Ronin Network, Poly Network, Wormhole, and the BNB Bridge.
Security experts say DeFi protocol code is becoming harder to exploit, shifting the main attack surface to people and operational security weaknesses.
“I really hope Hyperliquid is in a war room right now, assuming they’ve already been compromised and reviewing every last thing they’ve done for the last year and a half,” quipped Laura Shin, host of the Unchained podcast.
While the data suggests that tranching strengthens one layer of defense for lending, the industry’s largest dollar losses remain tied to centralized infrastructure and human error.
The post Top 10 Crypto Hacks Total $5.7 Billion, But Proposed DeFi Fix Would Only Have Helped One appeared first on BeInCrypto.
🔗 Sumber: www.beincrypto.com
📌 MAROKO133 Breaking crypto: James Wynn Reveals His Defensive Play Amid Trump’s Fi
James Wynn, the high-leverage crypto trader known for turning $7,600 into $25 million on PEPE, warned traders that markets will deteriorate further before recovering. Wynn outlined a multi-asset defensive strategy, shorting US equities and going long on oil while selectively buying Bitcoin (BTC) dips with spot capital.
All these is amid the US President Donald Trump’s fiery geopolitical message on Sunday against Iran and the Strait of Hormuz.
James Wynn’s Macro Bets and the Iran Factor
The trader’s positioning reflects a broader macro thesis tied to geopolitical escalation. James Wynn said he is short the S&P 500 and Nasdaq, long on WTI crude oil, and accumulating BTC on pullbacks.
He also flagged positive expected value in the Singapore dollar, Chinese yuan, euro, and British pound. He expects gold to hold its price or reach new all-time highs soon.
On real estate, Wynn acknowledged his own exposure to the sector, calling it a losing position while stressing the importance of diversification.
His strategy aligns with the current geopolitical environment. President Donald Trump gave Iran a 48-hour ultimatum on Truth Social, threatening to strike power plants and bridges if Tehran does not reopen the Strait of Hormuz by Tuesday.
Iran has kept the Strait effectively closed since the US-Israel military operation began on February 28, disrupting roughly 20% of the world’s oil supply.
Low Liquidity Wicks and Liquidation Hunts
Separately, James Wynn warned about Bitcoin price action. He flagged a Sunday manipulation wick on BTC that occurred during low trading volume, calling it further proof of what is coming next.
“Another classic low-volume manipulation wick on Bitcoin on a Sunday further proves what’s about to come,” he indicated.
Indeed, a $1,000 BTC price pump within 10 minutes on Sunday liquidated $28 million in short positions in a single hour, amid continued low-liquidity leverage hunting.
BTC is trading near $67,201 as of this writing, with the Fear and Greed Index stuck at 12, deep in extreme fear territory. The token has held a $65,000 to $73,000 range for weeks despite sustained bearish sentiment.
With Trump’s self-imposed Tuesday deadline approaching and oil prices hovering above $100 per barrel, the macro backdrop for risk assets remains volatile.
The post James Wynn Reveals His Defensive Play Amid Trump’s Fiery Iran Message appeared first on BeInCrypto.
🔗 Sumber: www.beincrypto.com
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