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DeFi exploit wave 2026Update 6 of 24
Namada Bridge Drained of 228K ATOM

Namada Privacy Chain Exploited; 228,000 ATOM Drained via Cross-Chain Bridge

PrivacyJun 21, 2026

A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and MEV bots—is draining hundreds of millions and pushing 2026 toward record hack losses.

The Namada privacy-focused blockchain was exploited, with approximately 228,000 ATOM transferred out via a cross-chain bridge. Namada had earlier issued a security alert stating its protocol was under active attack with an investigation underway. The incident is separate from the previously reported $4.67 million Axelar-Secret Network bridge exploit.

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