Having spent since the summer of 2020 aggressively pursuing some of DeFi's most profitable opportunities, Sam Bankman-Fried is now proposing industry-wide standards that critics ar…
Moola Market , a lending protocol built on Celo, became the latest DeFi platform to be hit by what one observer called a "highly profitable trading strategy" — and in the process b…
The account below was put together from material supplied directly by rekt.news readers, not by the outlet's own staff. A live governance vote on DAO Maker's platform could permane…
STAX, a protocol tied to TempleDAO, was exploited the day before this report for approximately $2.3 million worth of LP tokens. TempleDAO began life as one of the many Olympus (OHM…
Solana's largest margin-trading platform became the latest DeFi casualty on October 12, 2022, after a well-capitalized trader engineered a spike in the protocol's native token and …
Sushiswap has installed a new Head Chef, and the appointment has not gone smoothly. After twelve turbulent months, the arrival of Jared Grey was meant to steady a protocol that sta…
On October 4th, an attacker drained roughly $1.1 million from Sovryn, a DeFi protocol built on RSK, the Bitcoin-linked smart-contract sidechain that markets itself as one of the mo…
On October 7, 2022, BSC Token Hub — the bridge linking the original Binance Beacon Chain to BNB Chain (formerly BSC) — was exploited into minting two separate batches of 1 million …
Another weekend, another cross-chain protocol hemorrhaging funds. On Sunday, October 2, 2022, Transit Swap confirmed that an unidentified attacker had siphoned roughly $21 million …
For 75 days, an Ethereum arbitrage bot tracked on-chain as 0xbad ( 0xbadc0defafcf6d4239bdf0b66da4d7bd36fcf05a ) skimmed profit from other traders' mistakes. That streak ended abrup…
Market maker Wintermute has lost more than $160 million in its second major incident this summer. Back in June, the firm sent 20 million OP tokens to an address it didn't actually …
MakerDAO is in the middle of a governance crisis that cuts to the heart of what the protocol is for. A combination of falling markets and an intensifying U.S. crypto crackdown has …
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