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3 Bridges Lost $35M Yesterday Without A Single Solidity Bug. The 2026 DeFi Threat Model Stopped Fitting The Audit Report Months Ago

In May 2026, compromised keys overtook smart contract exploits as the leading DeFi attack vector by incident count. The July 22-23 bridge losses of $35.55M confirm it. What audits certify is no longer what protects LP capital, and $840M is already gone this year.

ETHUSDCUSDTdefi-securitykey-compromiseJul 23, 2026

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