REKT Revives Its "Hopium Diaries" Essay as a Narrated Short Film
An anonymous contributor to REKT has adapted the outlet's earlier written piece, "Hopium Diaries - Dystopian Dreams," into a short video production. The essay originally ran in Oct…
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8 Flash Loans, One Price Oracle Flaw: How PancakeBunny Lost $45M
PancakeBunny Finance lost approximately $45 million in an attack that exploited a flaw in how the protocol priced its PancakeSwap liquidity-provider tokens, specifically the BNB-BU…
A Second Deleveraging Wave Hits Crypto as Exchanges Buckle Under the Selloff
Bitcoin fell roughly 30% and Ethereum roughly 44% in a sharp downturn that froze several centralized exchanges and pushed gas fees on decentralized exchanges to thousands of gwei. …
Vault-Strategy Denomination Mismatch Drains $18M From BearnFi
Binance Smart Chain's habit of hosting forked, copy-pasted protocol code has repeatedly handed anonymous attackers an easy target, and BearnFi (bEarnFi) became the latest casualty,…
Vitalik Buterin's Dog-Coin Windfall Turns Into a Billion-Dollar Charity Dump
Dogecoin had ruled the meme-token scene since 2013 , but by May 2021 an entirely new wave of copycat "dog coins" had crowded onto the same turf, and this crop of speculators behave…
How a Flash-Loan Price Squeeze Drained $24M From xToken's SNX and BNT Vaults
xToken.Market , a decentralized passive-investing protocol, lost more than $24 million on May 12, 2021 after an attacker used flash loans to manipulate the pricing of its yield-bea…
Broken Bancor Math Drains $11M From Value DeFi's vSwap Pools
Value DeFi suffered a third exploit inside a single week. Six months earlier the protocol had lost $7M; three days before this incident it lost $10M; now an additional $11M was gon…
Same Attacker Behind Value DeFi Hack Strikes Rari Capital's ETH Pool Hours Later
Rari Capital , a yield aggregator known partly for the young age of its development team, became the second victim of the same attacker in a single day on May 8, 2021. Hours after …
A Missing Line of Code Hands Value DeFi a Second $10M Loss
Value DeFi has now landed on the incident leaderboard twice, becoming the first protocol to repeat the feat. Back in November 2020, the project lost $7,000,000 shortly after public…
TrueBit's Silent Relaunch Sparked a $130M Bonding-Curve Scramble and Scam Rumors
The reappearance of the TrueBit protocol was surrounded by enough uncertainty that many in the community openly wondered whether it was a scam . No official announcement accompanie…
Inflate, Burn, Repeat - How a Liquidity-Share Bug Drained Spartan Protocol for $30.5M
Spartan Protocol's SPARTA/WBNB liquidity pool was drained of $30.5 million after an attacker exploited flawed logic in how the protocol calculated liquidity shares when LP tokens w…
Ethereum's Scaling Bet: Can Layer Two Hold Until the Merge?
Layer-two networks are no longer a theoretical fix — applications are already scaling on them, and fast. The open question is durability: how long will these rollups and sidechains…
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