
Term Labs Shuts Meta Vaults After Exploit
Term Labs says a governance exploit affected its vaults. It has since shut every Term Meta Vault, revoked DAO governance roles and stopped new deposits while keeping withdrawals open.
Read Full ArticleExploits, defence, cyber operations and the resilience of crypto networks.

Term Labs says a governance exploit affected its vaults. It has since shut every Term Meta Vault, revoked DAO governance roles and stopped new deposits while keeping withdrawals open.
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Open the full live desk →A security incident can involve code, stolen credentials, social engineering, supply chains or a failure of operational controls. Calling every loss a ‘hack’ hides the route in and makes the lesson less useful, so this desk describes the mechanism only as far as the evidence permits.
Early loss estimates and attribution can change. We distinguish a researcher's finding, a project's statement, observable onchain activity and a conclusion independently established by investigators or authorities.
The entry point—contract logic, key compromise, malware, phishing or infrastructure—determines which defence would have mattered.
Estimated losses sit beside affected assets, user exposure, paused systems, recoveries and evidence that the vulnerability is contained.
Technical indicators can support a hypothesis without proving who directed an operation; confidence and source quality remain explicit.
Coverage prioritises incidents and research with a clear digital-asset impact and a lesson readers can use. Unverified screenshots, promotional threat claims and recycled warnings do not meet the evidence threshold.
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