Gnosis Pay, TesseraDAO Hacked as June Losses Hit $2.5M

- Gnosis Pay delay module and TesseraDAO token minting exploited for millions in early June 2026 - Crypto bridge hacks soar, with over $340 million lost to vulnerabilities this year as AI-powered threats rise On June 2, 2026, Cryptopolitan reported that Gnosis Pay and TesseraDAO both suffered major exploits, exposing critical security gaps in decentralized finance platforms. Gnosis Pay was breached via a flaw in its delay module, which is meant to give users time to stop unauthorized transactions. However, attackers circumvented the delay, so Gnosis urged users to withdraw funds and promised full compensation for losses. According to Cryptopolitan on June 2, an exploiter also carried out a coordinated “mint and dump” attack against TesseraDAO the same day. The attacker minted 99 million TSR tokens, converted them into $2.5 million in USDT, and rapidly crashed the TSR token price. The attacker then laundered the funds through chain bridges and Tornado Cash, which hampered asset recovery efforts, and security analysts observed that laundering began almost instantly after the theft. Cryptopolitan further reported that crypto bridge and smart contract hacks have spiked in 2026, with industry losses from bridge exploitations exceeding $340 million so far. Experts note that AI-powered attackers are spotting vulnerabilities faster than defenders can respond, and, as a result, industry calls for robust security measures have grown. These measures include frequent simulated attacks and advanced AI-driven monitoring tools. As of 13:09 UTC on June 2, Cryptopolitan noted that Gnosis (GNO) was trading at $112.419, up 3.354% in 24-hour volume terms. Meanwhile, Ethereum (ETH) was at $1,974.206, down 0.326%, BNB (BNB) stood at $674.452, down 2.16%, and Tether USDt (USDT) traded at $0.999, down 0.02%.