diff --git a/domains/internet-finance/defi-eliminates-institutional-trust-but-shifts-attack-surface-to-human-coordination-layer.md b/domains/internet-finance/defi-eliminates-institutional-trust-but-shifts-attack-surface-to-human-coordination-layer.md index 9dbef29ea..fef6ad34d 100644 --- a/domains/internet-finance/defi-eliminates-institutional-trust-but-shifts-attack-surface-to-human-coordination-layer.md +++ b/domains/internet-finance/defi-eliminates-institutional-trust-but-shifts-attack-surface-to-human-coordination-layer.md @@ -24,3 +24,10 @@ The Drift Protocol $270-285M exploit was NOT a smart contract vulnerability. Nor **Source:** Chainalysis analysis of Drift Protocol hack, April 2026 Drift Protocol's $285M hack demonstrates this principle at scale: the protocol eliminated institutional trust through smart contracts, but the attack surface shifted to the human coordination layer (Security Council members who could be socially engineered into pre-signing admin control transfers). The months-long social engineering campaign by DPRK-linked attackers posing as a quantitative trading firm exploited human trust relationships rather than code vulnerabilities. + + +## Supporting Evidence + +**Source:** Phemex DeFi Hacks 2026 YTD report + +2024-2026 DeFi hack data shows 50%+ of all attacks involve compromised accounts, and 80.5% of stolen funds in 2024 came from off-chain attack vectors rather than on-chain code exploits. The increasing dominance of social/operational vulnerabilities over cryptographic ones confirms the attack surface has shifted to the human coordination layer. diff --git a/inbox/queue/2026-04-24-phemex-defi-hacks-2026-ytd-606m-april.md b/inbox/archive/internet-finance/2026-04-24-phemex-defi-hacks-2026-ytd-606m-april.md similarity index 96% rename from inbox/queue/2026-04-24-phemex-defi-hacks-2026-ytd-606m-april.md rename to inbox/archive/internet-finance/2026-04-24-phemex-defi-hacks-2026-ytd-606m-april.md index 474bcd899..3d068f216 100644 --- a/inbox/queue/2026-04-24-phemex-defi-hacks-2026-ytd-606m-april.md +++ b/inbox/archive/internet-finance/2026-04-24-phemex-defi-hacks-2026-ytd-606m-april.md @@ -7,9 +7,12 @@ date: 2026-04-24 domain: internet-finance secondary_domains: [] format: article -status: unprocessed +status: processed +processed_by: rio +processed_date: 2026-04-24 priority: low tags: [defi-security, exploits, bridge-hacks, statistics, 2026] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Content