Web3 & DeFi Security11 July 2026
Summer.fi's $6M Vault Exploit Is a Playbook for Donation-Based Share Manipulation
A three-month-old attacker wallet used a $65M flash loan and a donation to a strategy adapter pending removal to skew vault share pricing, draining $6.04M from two Lazy Summer USDC vaults before guardians could react.
defi-securityflash-loan-attacksmart-contract-exploit