Multiple DeFi platforms suffered security exploits in the last 24 hours, resulting in combined losses exceeding $1.9 million. FCOW on BNB Smart Chain lost $61,300, DefiTuna's lending pools lost approximately $580,000, and Cascade's CLS vault was drained of 1.34 million USDC. Attackers exploited vulnerabilities in smart contracts and protocol infrastructure. Despite the recent surge in attack frequency, total losses in 2026 stand at $1 billion as of July, less than half the $2.135 billion stolen during the same period in 2025, according to DeFiLlama data.
Web3 security firm TenArmor reported an incident affecting FCOW, a token deployed on BNB Smart Chain. An attacker exploited a vulnerability, causing an estimated loss of $61,300. TenArmor identified the suspicious on-chain transaction, allowing researchers to trace the stolen funds. The specific exploit method has not been made public.
Source: TenArmorAlert/X
DefiTuna revealed that an attacker took advantage of its lending pools. The attack caused an estimated $580,000 loss and left its USDC pool with a similar deficit. The team stated it had identified the attack vector and introduced safeguards against further exploitation.
Blockchain security company PeckShield reported that Cascade was exploited, affecting its CLS vault. User funds worth approximately 1.34 million USDC were stolen. The attacker transferred the stolen assets between several blockchains, bridging the funds from Arbitrum to Solana before transferring them to Ethereum via Relay Protocol and converting them into DAI.
Source: PeckShieldAlert/X
Blockchain security researchers discovered that the attacker responsible for the Resolv Labs exploit in March has resumed activities. The exploiter, who stole approximately $25.9 million in March, moved 580 ETH ($1.09 million) in recent hours and is actively using cryptocurrency mixing services to channel the funds.
Source: Onchain Lens/X
The wallet that purchased 4.426 trillion BONK (approximately $21.2 million) from the BONK treasury began selling off its holdings. The address sent 1.19 trillion BONK ($4.11 million) to Binance. The wallet currently contains approximately 3.2 trillion BONK ($10.85 million) despite the transfers.
Source: Lookonchain/X
DeFiLlama reported that overall losses fell to $1 billion as of July 2026, less than half of the $2.135 billion stolen in the same time frame in 2025. Haseeb Qureshi, Managing Partner at Dragonfly, stated that median hack size by year is declining, indicating a shift toward smaller hacks of smaller protocols.
Source: DeFiLlama
What were the total losses from DeFi exploits in the last 24 hours? The combined losses from three major exploits in the last 24 hours exceeded $1.9 million: FCOW lost $61,300, DefiTuna lost $580,000, and Cascade lost 1.34 million USDC.
How do 2026 DeFi losses compare to 2025? As of July 2026, total DeFi losses reached $1 billion, which is less than half of the $2.135 billion stolen during the same period in 2025, according to DeFiLlama data.
What happened to the stolen funds from the Cascade exploit? The attacker transferred the stolen 1.34 million USDC between several blockchains, bridging the funds from Arbitrum to Solana before moving them to Ethereum via Relay Protocol and converting them into DAI.
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