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DeFi exploit wave 2026Update 15 of 26
BackedFi Loses $204K in Exploit

BackedFi Suffers ~$204K Exploit on Ethereum

Unverified — auto-generated summary, not yet reviewedAltsJul 1, 2026

A relentless wave of DeFi exploits—spanning bridge hacks, oracle manipulation, governance attacks, and AI-accelerated vectors—is draining billions and setting record loss milestones across 2026.

Ethereum-based RWA and DeFi project BackedFi suffered a suspicious attack resulting in losses of approximately $204,200.

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