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THE ARCH
THE ARCH

Where Web3 founders, talent, and partners meet.

Daily Digest · Free
PLATFORM
  • Partners Directory
  • All Categories
  • Marketplace
  • Find a Partner
  • Docs
  • Escrow
INTELLIGENCE
  • Web3 News
  • Daily Digests
  • Intel Reports
  • Web3 Events
  • RSS Feed
  • Substack ↗
GET INVOLVED
  • Get Listed
  • Get Your Verified Badge
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Book a Call
COMPANY
  • About
  • How It Works
  • Manifesto
  • Media Kit
  • Privacy
  • Terms
© 2026 THE ARCH · All rights reserved.
PRIVACYTERMSCOOKIES
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News
DeFi protocol Carrot becomes first casualty of $28...
Cointelegraph•Friday, May 1, 2026 at 06:48 AM•1 min read

DeFi protocol Carrot becomes first casualty of $285M Drift exploit

Share:
The Arch TakeBearish
DeFiHackRegulation

Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.

Read full story at Cointelegraph
Share:
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News
DeFi protocol Carrot becomes first casualty of $28...
Cointelegraph•Friday, May 1, 2026 at 06:48 AM•1 min read

DeFi protocol Carrot becomes first casualty of $285M Drift exploit

Share:
The Arch TakeBearish
DeFiHackRegulation

Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.

Read full story at Cointelegraph
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

Multicoin Capital makes first Hyperliquid ecosystem investment in Trasia, an Asia-focused trading platform

The Block•3h ago

Visa launching internal stablecoin platform for clients that provides access to OUSD: report

The Block•4h ago

The Clarity Act is the most important consumer protection effort in years

CoinDesk•4h ago

US jury indicts South Dakota crypto investor on 29 counts over alleged $20 million investor fraud

The Block•4h ago
← Back to News Feed