How Wall Street Moved In While Crypto Was Down
A sector already battered by successive blowups, aggressive regulators and a rough macro backdrop is now attracting the attention of traditional finance players who sat out the las…
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A Rounding Bug Costs Midas Capital $600K on BSC — Its Second Hit This Year
Midas Capital has been exploited for a second time in 2023, this time for roughly $600,000, after an attacker targeted one of the lending protocol's pools on BNB Smart Chain over t…
Atomic Wallet Users Lose Over $100M as Lazarus Group Exploits an Unconfirmed Flaw
Atomic Wallet suffered a major breach earlier in June 2023. While much of the crypto news cycle stayed fixed on the ongoing SEC enforcement battles , North Korea's Lazarus Group ke…
Abandoned Atlantis Loans Loses $2.5M to a Governance Takeover on BSC
Nearly a week after the initial breach, additional funds were siphoned out of Atlantis Loans, pushing total losses to $2.5 million, according to figures from Peckshield . The first…
Oracle Price Manipulation Nets Sturdy Finance Attacker $800K
Sturdy Finance , an Ethereum lending protocol that lets yield farmers borrow against deposited staked-asset collateral, was drained of approximately $800,000 through a price manipu…
SEC Files Back-to-Back Securities Suits Against Binance and Coinbase
The SEC opened a two-front legal offensive against the crypto industry's two largest exchanges within 24 hours. On Monday, the agency filed charges against Binance, its founder CZ,…
Flash Loan Drains $7.5M From Jimbo's Protocol Days After Arbitrum Relaunch
Arbitrum's run of exploits continued into the weekend. Jimbo's Protocol was hit by a flash loan attack in the early hours of Sunday, with losses totaling $7.5 million. Jimbo's Prot…
A Malicious Proposal Briefly Handed One Address Control of Tornado Cash's DAO
Tornado Cash's governance system was seized by a single address through a disguised proposal — and then, unexpectedly, handed back. What happened An attacker took control of Tornad…
Backdoored Upgrade Lets Swaprum Team Drain $3M From Arbitrum DEX
Swaprum, a decentralized exchange built on Arbitrum, disappeared with roughly $3 million in user funds on Thursday. The team wiped its social media accounts and GitHub repositories…
Ledger's Opt-In Seed Recovery Feature Reignites Debate Over Closed-Source Hardware Wallets
A new firmware update from Ledger has set off a wave of concern across the crypto community. The update introduces an optional, identity-verified Ledger Recover service, priced at …
Third Time Unlucky: A Misordered Parameter in DEI's burnFrom Function Drains $6.5M Across Three Chains
Deus DAO has now been exploited a third time, earning it the distinction of being only the third protocol to appear three separate times on rekt.news's leaderboard . This latest ep…
Referral Program Flaw Costs Level Finance $1.1M in BSC Exploit
BSC-based perpetuals platform Level Finance had $1.1 million siphoned out of its referral rewards system the day before this report. Researcher definalist flagged the attack on soc…
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