Regulatory pressure on stablecoins escalated on two fronts in early December 2020, with G7 finance officials and US legislators both signaling intent to bring privately issued digi…
"Now don't try to kid me man cub, I made a deal with you." Throughout history, humans have tried to put distance between themselves and their primate ancestors. Roughly four billio…
Compounder.finance has rug pulled its users for more than $12,000,000. The project's website and Twitter account were both taken down immediately after the exploit, leaving investi…
Some players are dealt a stronger hand than others, and those who know how to use it can rewrite the rules of the game entirely. In an industry that claims decentralisation as a co…
Just as SushiSwap appeared to be regaining its footing, an overnight exploit tested its new leadership. Pseudonymous developer 0xMaki took over lead development of SushiSwap after …
On November 26, 2020, a wave of liquidations swept through Compound Finance after the price feed the protocol relied on - an oracle operated by Coinbase - reported a sharp and appa…
Pickle Finance's cDAI jar was drained of 19.7 million DAI through a vulnerability that allowed an attacker to substitute a counterfeit "Pickle Jar" into the protocol's swap logic, …
Falling off a bike and scraping a knee doesn't usually send people looking to give up cycling. A partner's infidelity doesn't have to end someone's dating life for good. A plane cr…
Two more DeFi protocols were exploited within roughly a day of each other in mid-November 2020, extending a month-long run of flash-loan-driven attacks. Cheese Bank lost $3.3 milli…
Reputations built on confidence rather than caution tend to be the first to crack. Value DeFi found this out on November 14, 2020, when an attacker drained $7,000,000 from the prot…
An attacker combined flash loans with a re-entrancy exploit to drain $2,000,000 in DAI from the Akropolis protocol. In the immediate aftermath, Akropolis administrators initially d…
On November 11, 2020, the Ethereum mainnet suffered a network-wide disruption after a consensus-layer flaw surfaced, splitting participants who were still running older versions of…
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