PERMISSIONLESS-REGISTRATION news
Curated crypto headlines with the on-chain context most tools skip. Written by the team behind Koinlytics.
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Four DeFi breaches in one week, four different layers, one uncomfortable pattern
AFX bridge lost $24.15M to oracle abuse. Zilliqa's Ledger app leaked nonces. SecondFi's Cardano wallet exposed signing keys, draining $2.4M. Lien Finance's permissionless bond registration burned $542K. Four incidents, four layers, one blind spot in standard audits.
Lien Finance Let Anyone Register A Bond Group. One Malicious Payoff Drained $542K
Lien Finance lost 542,144 USDC on July 24 after an attacker registered a bond group with a rigged payoff. The pricing helper overvalued the crafted bonds and let the attacker mint and swap them for real USDC. No governance check gated the registration path.
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