DeFi exploit wave 2026Update 6 of 24
Namada Bridge Drained of 228K ATOM
Namada Privacy Chain Exploited; 228,000 ATOM Drained via Cross-Chain Bridge
A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and governance—is draining billions and setting new hack records across the crypto sector.
The Namada privacy-focused blockchain was exploited, with approximately 228,000 ATOM transferred out via a cross-chain bridge. Namada had earlier issued a security alert stating its protocol was under active attack with an investigation underway. The incident is separate from the previously reported $4.67 million Axelar-Secret Network bridge exploit.
Related storylines
- DeFi Hacks Drain $36M+ in DaysDeFi exploits category; Namada cross-chain bridge drain part of broader hack wave
- THORChain Restarts After $10.7M ExploitMajor blockchain exploit recovery; cross-chain bridge security incidents pattern