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Aztec Labs is investigating an approximate $2 million exploit affecting a deprecated Aztec payments product.The immutable stage 2 rollup was sunset in 2022, and Aztec Labs holds no admin keys or control over the system, the team said.

Aztec Connect’s old contract lost $2.1m, while the current Aztec Network stayed unaffected, Aztec said.The attack used a verification mismatch, letting unbacked balances move through settlement on Ethereum records.DeFiLlama data shows June already has several hacks, led by Humanity Protocol and Syscoin losses.

A wallet linked to Ethereum co-founder Joseph Lubin moved 110,000 ETH worth roughly $170 million on Saturday after years of inactivity.The ETH was supplied as additional collateral to three Sky (formerly MakerDAO) vaults that now hold $259.05 million in DAI debt.Onchain analysts described the move as defensive collateral management to reduce liquidation risk, not a sale.

A third-party Gnosis Safe module carrying the Squid name drained approximately $3.2 million from 86 Safes across Ethereum and Base.Squid said it neither built nor deployed the contract and that its core protocol was unaffected.

An anonymous crypto whale has sued Coinbase for refusing to return frozen funds tied to a 2024 crypto theft.The plaintiff fell victim to a phishing scam where an attacker drained his DAI holdings, with a portion of the funds later traced to a Coinbase user account.

The lawsuit against Coinbase appears to be filed by the victim of a $55 million stablecoin phishing attack pulled off in 2024.

The CoWSwap TWAP transactions have been drawn from a wallet associated with the Ethereum Foundation’s DeFi activities, according to Arkham Intelligence.Last year, the EF pivoted from only using recurring ETH sales to fund operations following public backlash.

Ethereum Foundation sells 5,000 ETH for stablecoins, but the 70,000 ETH staking surge tells a different story.

Mochi Finance founder Azeem Ahmed sold about 550,285 CVX for roughly $946,000, pushing the token down more than 10%.The CVX stack traces back to a 2021 Curve pool drain that left liquidity providers with an estimated $54 million in losses.Ahmed now faces years of on-chain fraud allegations spanning at least four DeFi projects, with diverted rewards and liquidity drains topping $8 million.