Hacker exploits flaw in Resupply DeFi protocol to steal $9.6 million

Hacker Exploit in DeFi Protocol: A hacker exploited a vulnerability in the Resupply decentralized finance protocol, manipulating token prices to siphon off nearly $9.6 million by using a smart contract flaw that allowed them to borrow large amounts with minimal collateral.

Increase in Crypto Hacks: The incident is part of a growing trend of high-value crypto hacks in 2025, with over $2.3 billion stolen so far this year, surpassing last year's midyear total, highlighting ongoing security challenges in both decentralized and centralized platforms.