The post 🎭 Good and bad news for security, plus two very ugly charts appeared on BitcoinEthereumNews.com.

Ups and downs in the DeFi security space An attack on Hyperliquid-based DeFi lender HypurrFi was (mostly) thwarted on Sunday, thanks to a timely alert from Decurity. The approvals-based attack was caught after a loss of $84,000, but a more patient thief would have likely captured more. More good news came for the victims of last week’s $5 million Makina hack, of which around 83% of direct exploit losses had already been recovered. Both Makina and Dialectic have contributed funds to the recovery efforts, and have pledged to set aside 50% of revenues until compensation is complete. Makina is also attempting to convince addresses that made significant post-hack arbitrage profits to return their winnings. A double-pronged attack on SwapNet and Aperture Finance contracts took a total of $17 million from 16 victims with existing token approvals on Monday. In the aftermath, Circle faced severe criticism once again, failing to freeze stolen USDC before the hacker finally swapped the tokens almost two days later. Controversial security firm Certik announced its intentions to go public, eyeing a $2 billion valuation as the “first publicly traded Web3 infrastructure provider.” However, the firm’s reputation is far from stellar; many Certik-audited projects have been hacked in the past. In recent years it’s also been accused of running a security reputation racket and bogus bug bounty program. Even Certik’s own X account was hacked to promote a phishing scam based on scare tactics. Perhaps most glaring was its decision to hack Kraken for $3 million while flaunting responsible disclosure practices, before quibbling over the return of funds. The DAO returns Griff Green, contributor to 2016’s The DAO, announced that 75,000 ether (ETH) is to be activated, in order to “strengthen Ethereum’s security, ensuring it is ready to become the backbone of the world’s financial infrastructure.” The…

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Filed under: News - @ January 30, 2026 6:29 pm