Rekt Marks a Year Since Its First Paris Meetup
A full year has gone by since rekt held its very first in-person gathering. To mark the anniversary, the team is inviting the community to revisit the predictions made on that orig…
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EthCC's Non-Transferable NFT Tickets Leave Scalpers $68K Out of Pocket
Conference tickets for crypto events sell out quickly even in bear markets, pushing latecomers toward informal secondary deals. EthCC's ticketing this year showed that cutting corn…
The 2022 Crypto Crash Left Almost No Corner of the Industry Untouched
By late June 2022, losses were piling up across nearly every segment of the crypto industry — individual traders, protocols, centralized and decentralized platforms, venture funds,…
Bancor Suspends Its Impermanent-Loss Shield as BNT Rewards Spiral
Bancor has paused the impermanent-loss (IL) protection built into its v3 protocol — the feature it had promoted as its core selling point for liquidity providers — after the mechan…
Inverse Finance Hit Again: $1.2M Stolen, $5.8M Lost in Second DOLA Oracle Exploit
Inverse Finance was exploited a second time, with an anonymous attacker walking away with roughly $1.2 million while the protocol's total losses from the incident reached $5.8 mill…
Inside the Celsius Meltdown: How a CeFi Giant Ran Out of Liquid Assets
Celsius Network found itself at the center of a liquidity crisis this week, with mounting evidence that the CeFi lender had been gambling depositor funds far beyond what its public…
Two-Day-Old Contract Upgrade Drains Gym Network of $2.1 Million on BSC
Gym Network , a BNB Chain yield aggregator built on top of Alpaca Finance, lost $2.1 million after an attacker exploited a feature the team had only just deployed, triggering a sel…
How a Legacy Proxy Contract Let an Outsider Claim Wintermute's Misdirected 20M OP
Wintermute , the market-making firm, ended up losing 20 million OP tokens - worth roughly $27.6 million at the time - after a botched token transfer left the funds sitting at an ad…
Mirror Protocol's Hidden $90M Bug — and the $2M Oracle Exploit That Followed It
Mirror Protocol was hit by two separate exploits, and the larger of the pair went unnoticed for so long that it makes the Ronin Bridge hack — where missing funds took a week to tri…
Stale Chainlink LUNA Floor Price Lets Attackers Drain $21.8M From Two Lending Markets
Fallout from Terra's collapse claimed two more victims this week. Venus Protocol , a lending market on BNB Chain, lost $13.5 million, while Blizz Finance , a lending market on Aval…
How Anchor's Collapse Dragged UST and LUNA Into a Death Spiral
A multi-billion-dollar ecosystem came apart in a matter of days, and the damage reached far beyond the usual crypto audience. Anchor Protocol's collapse triggered a chain reaction …
Public Oracle Function and a Rigged Vote Cost Fortress Protocol $3M
Fortress Protocol , the lending platform run under JetFuel Finance on BNB Smart Chain, lost $3 million to an attack that combined a governance takeover with price oracle manipulati…
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