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HKDAP Stablecoin Security Review: Live, Licensed, Not Ready
BlockSec's review of HKDAP, Hong Kong's first regulated stablecoin, finds non-functional KYC revocation, single-key mint authority, and clashes with the HKMA guideline.
~$1.6M Lost: Moke Token, LpdFi Exploits | BlockSec Weekly
During the week of August 3-9, 2026, 2 notable security incidents on BNB Chain resulted in approximately $1.6M in total losses, both from price manipulation. The highlighted LpdFi incident (~$697K) reused the same manipulable PancakeSwap pair reserves for both order valuation and interest redemption, letting the attacker inflate a position's principal and reshape the pool to redeem an oversized interest claim. Moke Token (~$906K) combined a manipulable spot price with duplicated LP dividend accounting to claim inflated MOKE and collect the resulting BNB dividends multiple times.
COLDCARD Incident: When a Wallet's "Random" Seed Wasn't Random
A silent build-and-integration bug in COLDCARD firmware routed Bitcoin seed generation onto a software RNG fallback, whose weak randomness left wallet seeds recoverable offline. Because the weakness is in the seed itself, a firmware update cannot undo it; verified sweeps reached 1,405 BTC (~$91M) by 7 August 2026, with private-channel estimates as high as 2,055 BTC.
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