We are halfway thru June. Your wallet was fine so far this month. But if you have an AI agent running it, you better be cautious.
The protocol drains went quiet. The risk moved one layer down, into the AI agents and the dev stack more and more protocols run on.
The DeFi receipts: ~33M total
Jun 9: Humanity Protocol, ~$32M. A foundation member's private keys were phished through a fake exchange email with a malware attachment.
The attacker drained ~17 wallets, took bridge controls, minted unauthorized H on BNB Chain, and dumped it over ~8 hours. H crashed ~85%.
ZachXBT called it 'possibly staged.' While the team's commissioned report (Quantstamp) mentions about signs of North Korean hackers.
No consensus yet, so treat the cause as disputed.
Jun 10: Raydium, $1.34M. Five dormant AMM V3 pools left over from 2021. A fake token mint slipped past LP validation. No active pools, no current users, no modern contracts touched.
Full refund pledged from treasury.
The AI Layer: 3 stories
Jun 4: BadHost.
A single stray character in a web request lets an attacker skip the login screen entirely on software that quietly runs a huge share of today's AI tools.
The same tools people are now wiring to their wallets. A fix is out. If you run agents, update them.
Jun 3: Agentjacking.
A booby-trapped bug report can trick popular AI coding assistants into running an attacker's commands as if you typed them yourself.
Your antivirus and firewall miss it, because on paper every step looks allowed. The company involved admitted it cannot fully fix the problem.
Jun 12: Google sued a China-based scam ring for using its Gemini AI to mass-produce fake websites and scam texts.
Over 1.5M fake links, and 2.5M texts in a single two week stretch. First time a big AI company has taken people to court for weaponizing its own model.
What to pay attention to:
The dollar losses still came from DeFi. But the scarier stories, the ones showing where this is heading, were all in the agent layer. None of them needed a smart contract.
Two of June's three biggest security threats never went near a smart contract.
So far this month, ain't much happening (knock on wood), but just keeping you posted on what happened.
Stay Safu.
April: Lazarus stole $577M in crypto.
May: They took $0.
But the hacking didn't stop. It moved upstream.
What does upstream mean? And why should you care?
Watch this video. 🫡👇till the end!!