Hodler

Multichain Bridged DAI (Syscoin NEVM) | DAI

$4.71

Coin info

Rank
#17143
Market Cap
$72,009
Volume (24h)
$0.00
Circulating Supply
15,294.91
Total Supply
15,294.91

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

Do you think the price will rise or fall?

Rise 40%

Fall 60%

Price perfomance

$0.00

$∞

Range 24H

$∞

Depth of Market

Depth +2%

Depth -2%

We recommend

News

6 May 2026, 12:35
Ekubo Protocol Exploited for $1.4 Million in WBTC via EVM Router Vulnerability
BitcoinWorld Ekubo Protocol Exploited for $1.4 Million in WBTC via EVM Router Vulnerability Ekubo Protocol, a decentralized finance platform built on the StarkNet ecosystem, has suffered a significant security breach, losing approximately $1.4 million worth of Wrapped Bitcoin (WBTC). The exploit, first reported by The Block, targeted a vulnerability in the protocol’s Ethereum Virtual Machine (EVM) swap router. How the Attack Unfolded Blockchain security firm Blockaid identified the root cause as a flaw within the Ekubo v2 EVM extension contract. The attacker exploited this weakness through a series of approximately 85 consecutive transactions, systematically draining funds from the protocol. The primary victim, a single liquidity provider, lost around 17 WBTC, which was immediately converted into Wrapped Ether (WETH) and Dai (DAI) stablecoin to obfuscate the trail and realize the stolen value. Implications for DeFi Security and Cross-Chain Bridges This incident underscores the persistent security challenges facing the decentralized finance sector, particularly in protocols that bridge different execution environments. Ekubo’s use of an EVM router within the non-EVM StarkNet ecosystem introduces a complex attack surface. The exploit highlights the risks associated with smart contract extensions that facilitate cross-chain or cross-virtual machine operations, a common feature in multi-chain DeFi architectures. What This Means for Users and the Market For users, the event is a stark reminder of the importance of due diligence when providing liquidity to protocols with novel or complex technical architectures. While the total loss is relatively small compared to major DeFi hacks, the methodical nature of the attack—using 85 transactions to avoid triggering alarms—demonstrates a sophisticated understanding of the protocol’s internal logic. The market impact has been contained so far, but the incident may prompt other protocols to audit their own EVM compatibility layers more rigorously. Conclusion The Ekubo Protocol exploit is a targeted attack on a specific vulnerability in its EVM swap router, resulting in a $1.4 million loss for a single liquidity provider. The incident adds to the growing list of DeFi security failures and reinforces the need for continuous, in-depth smart contract audits, especially for cross-environment integrations. Users and developers alike should view this as a cautionary tale about the risks inherent in bridging different blockchain technologies. FAQs Q1: What was the total amount lost in the Ekubo Protocol exploit? The total loss is approximately $1.4 million worth of Wrapped Bitcoin (WBTC), equivalent to about 17 WBTC. Q2: How did the attacker exploit the protocol? The attacker exploited a vulnerability in the Ekubo v2 EVM extension contract, using 85 consecutive transactions to drain funds through the protocol’s EVM swap router. Q3: What happened to the stolen funds? The stolen WBTC was quickly converted into Wrapped Ether (WETH) and Dai (DAI) stablecoin to make the funds harder to trace and to realize the value in more liquid assets. This post Ekubo Protocol Exploited for $1.4 Million in WBTC via EVM Router Vulnerability first appeared on BitcoinWorld .
6 May 2026, 12:03
Coinbase faces lawsuit over frozen funds from $55M crypto theft
The plaintiff says Coinbase froze traceable assets from a 2024 DAI phishing theft but refused to return them without a court order.
6 May 2026, 11:40
Coinbase Sued Over $55M in Frozen DAI Tied to Hack and Tornado Cash Laundering
BitcoinWorld Coinbase Sued Over $55M in Frozen DAI Tied to Hack and Tornado Cash Laundering A new lawsuit filed in a San Francisco federal court accuses Coinbase of holding $55 million in DAI stablecoins that were allegedly stolen in a hack and laundered through the privacy protocol Tornado Cash. The plaintiff, who claims rightful ownership of the frozen assets, is demanding their immediate return. The case highlights the growing legal tension between cryptocurrency exchanges, victims of theft, and the regulatory framework surrounding frozen digital assets. The Allegations and Frozen Funds According to the complaint, an unidentified hacker stole approximately $55 million in DAI and then used Tornado Cash to obfuscate the transaction trail before depositing a portion of the funds into a Coinbase account. Coinbase subsequently froze the assets, citing security concerns. The plaintiff, who has not been named publicly, asserts that the funds belong to them and that Coinbase is unlawfully withholding the money. The lawsuit also names the presumed hacker as a defendant, though their identity remains unknown. Coinbase has publicly acknowledged that it holds the funds in question. In a statement, the exchange indicated that it requires a court order to release the frozen assets, a standard procedure in cases involving potentially stolen or illicit funds. This position places the exchange in the middle of a complex legal dispute between the alleged victim and the unknown perpetrator. Broader Implications for Crypto Exchanges This lawsuit underscores a recurring challenge for centralized exchanges: balancing the duty to protect customer assets with the legal obligation to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. When funds are flagged as potentially stolen, exchanges often freeze them pending investigation. However, determining the rightful owner can be legally fraught, especially when the funds have passed through privacy tools like Tornado Cash. Tornado Cash itself has been a flashpoint in crypto regulation. The U.S. Treasury Department sanctioned the protocol in 2022, alleging it facilitated money laundering by North Korean hackers and other illicit actors. While those sanctions have faced legal challenges, the tool remains a focal point for regulators. The involvement of Tornado Cash in this case adds a layer of regulatory complexity, as exchanges must decide whether to honor the sanctions or risk facilitating illegal transactions. What This Means for DAI Holders and Investors For everyday crypto users, the case serves as a reminder that stablecoins like DAI, while designed to maintain a 1:1 peg to the U.S. dollar, are not immune to theft or legal disputes. When assets are frozen by an exchange, recovery can require costly and time-consuming litigation. The outcome of this lawsuit could set a precedent for how exchanges handle frozen assets linked to hacks, particularly when privacy tools are involved. Legal experts note that the case may also test the limits of Coinbase’s liability. If the court rules that the exchange must return the funds to the plaintiff without a clear identification of the hacker, it could open the door to similar claims from other alleged victims. Conversely, if Coinbase is required to hold the funds until the hacker is identified, it may create a backlog of frozen assets and legal battles. Conclusion The lawsuit against Coinbase over $55 million in frozen DAI is a significant development in the ongoing intersection of cryptocurrency, privacy, and law enforcement. As the case progresses through the federal court system, it will likely influence how exchanges manage frozen assets and respond to claims of theft. For now, the frozen DAI remains in limbo, awaiting a judicial decision that could have lasting implications for the broader crypto ecosystem. FAQs Q1: Why did Coinbase freeze the DAI funds? Coinbase froze the funds after they were flagged as potentially stolen, following a hack and laundering through Tornado Cash. The exchange requires a court order to release them, as standard procedure in such cases. Q2: What is Tornado Cash and why is it relevant? Tornado Cash is a privacy protocol that obscures transaction trails on the Ethereum blockchain. It has been sanctioned by the U.S. Treasury for alleged use in money laundering, making its involvement in this case a key legal and regulatory issue. Q3: Could this lawsuit affect how other exchanges handle frozen assets? Yes. The court’s decision may set a precedent for how exchanges determine the rightful owner of frozen funds, especially when the funds have passed through privacy tools. It could also influence future regulatory guidance on asset freezes and recovery. This post Coinbase Sued Over $55M in Frozen DAI Tied to Hack and Tornado Cash Laundering first appeared on BitcoinWorld .
11 Apr 2026, 16:06
Ethereum Foundation Sells $11M Worth of ETH as Price Prepares for ‘Last Pump’
The non-profit organization dedicated to supporting and developing the Ethereum ecosystem has disposed of all 5,000 ETH it had planned to sell. Meanwhile, some whales and institutions have started to accumulate, while the spot ETH ETFs ended the week in the green for the first time in almost a month. EF Sells, Whales Buy After reaching its goal of 70,000 staked ETH, the Ethereum Foundation outlined plans to dispose of 5,000 ETH to fund its operations. The sell-offs were completed in a couple of batches, with the first finishing on April 9 and the second on April 11. The average price at which the organization disposed of its tokens was $2,221, according to data from Lookonchain. They converted the funds into 11.11 million DAI. The #EthereumFoundation has sold the remaining 1,250 $ETH ($2.8M). So far, all 5,000 $ETH planned for sale have been fully converted into 11.11M $DAI , at an average price of $2,221. https://t.co/nwflbWOvSl pic.twitter.com/wAb4FA5V5N — Lookonchain (@lookonchain) April 11, 2026 In contrast, additional data from Lookonchain shows that a wallet linked to Cumberland withdrew roughly $60 million in ETH from several exchanges, including OKX and Binance. The spot Ethereum ETFs also finished the week strong, with $85.19 million in net inflows on Thursday and another $65 million on Friday. Given Monday’s $120.24 million, which offset the losses on Tuesday and Wednesday, the week ended with net inflows of $187.07 million, making it the first green week since the one that ended on March 13. One Last Pump? ETH was among the biggest beneficiaries of the two-week truce between Iran and the US, as it surged from $2,050 to over $2,250 as of press time. Well-known crypto analyst Ted Pillows believes the asset could target $2,350-$2,400 after rebounding above $2,200, which would “likely be the last pump” before another correction, as shown in his chart below. $ETH is back above the $2,200 level. If this zone holds, Ethereum could move towards the $2,350-$2,400 level, which would likely be the last pump. pic.twitter.com/3UQCv5nzKH — Ted (@TedPillows) April 11, 2026 Meanwhile, another analyst, CW, indicated that there’s a notable uptick in ETH futures whales “ending their rest and moving again” as evident by the increasing number of long positions, which “had been quiet since the 8th.” The post Ethereum Foundation Sells $11M Worth of ETH as Price Prepares for ‘Last Pump’ appeared first on CryptoPotato .
11 Apr 2026, 15:31
Ethereum Foundation offloads 1,250 ETH for $2.8M DAI and halts staking after record $46M deposit
Ethereum Foundation swaps 1,250 ETH for $2.8M DAI and halts staking activity. 🟣 Major staking stopped weeks after a record $46M single-day deposit. Critical data: Foundation using stablecoins instead of staking, raising liquidity questions. 💡 Watch out: More shifts in treasury strategy could impact market sentiment. Continue Reading: Ethereum Foundation offloads 1,250 ETH for $2.8M DAI and halts staking after record $46M deposit The post Ethereum Foundation offloads 1,250 ETH for $2.8M DAI and halts staking after record $46M deposit appeared first on COINTURK NEWS .
6 Apr 2026, 20:15
DAI migration to USDS begins as Coinbase outlines conversion timeline
Coinbase has outlined its plan to convert DAI to USDS, while data shows the new stablecoin is already gaining traction across the market.

Multichain Bridged DAI (Syscoin NEVM) | DAI

Coin info

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Do you think the price will rise or fall?

Price perfomance

Depth of Market

Depth +2%

Depth -2%

We recommend

News

Ekubo Protocol Exploited for $1.4 Million in WBTC via EVM Router Vulnerability

Coinbase faces lawsuit over frozen funds from $55M crypto theft

Coinbase Sued Over $55M in Frozen DAI Tied to Hack and Tornado Cash Laundering

Ethereum Foundation Sells $11M Worth of ETH as Price Prepares for ‘Last Pump’

Ethereum Foundation offloads 1,250 ETH for $2.8M DAI and halts staking after record $46M deposit

DAI migration to USDS begins as Coinbase outlines conversion timeline

Top Markets

Multichain Bridged DAI (Syscoin NEVM) | DAI

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Ekubo Protocol Exploited for $1.4 Million in WBTC via EVM Router Vulnerability

Coinbase faces lawsuit over frozen funds from $55M crypto theft

Coinbase Sued Over $55M in Frozen DAI Tied to Hack and Tornado Cash Laundering

Ethereum Foundation Sells $11M Worth of ETH as Price Prepares for ‘Last Pump’

Ethereum Foundation offloads 1,250 ETH for $2.8M DAI and halts staking after record $46M deposit

DAI migration to USDS begins as Coinbase outlines conversion timeline