Better to wait than to swing and miss. rekt gets in the ring with Limzero and Kurt Barry to investigate the $14m furucombo knockout. "Infinite approval" is never safe.
The US government payment system “Fedwire” got rekt yesterday, preventing them from processing some of the $3 trillion dollars that is supposed to go through their system each day. Decentralise the central bank. Give us a CBDC and we'll decide if we use it or not.
Decentralisation was once a core value. Has the game changed or is it just the players? Developers are already building cross chain bridges, but as BSC and other centralised chains start to increase their adoption, some parts of the community become quite concerned. ETH gas fees are too damn high.
From the farm to the gallery. rekt investigates the current NFT hype, cuts through the noise and gets straight to the signal in a special edition featuring interviews with cryptocobain and cryptopathic.
The dark arts of DeFi remain the most profitable. ~$37.5M gone in a tale of fake magic, confusion and accusation. The victim has singled out their attacker.
We live and we learn. Perhaps we were too harsh on Armor. Where there is no regulation, reputation is key, and we were too quick to judge the events based on previous stories involving certain characters.
Sometimes armour is not enough. A protocol that offered protection has stabbed its users in the back. Armor is not to be trusted. The team decided to throw away their reputation and put their greed on public display when they refused to pay one of their policyholders after last week's Yearn arb attack.
The days blur into one. Locked down, wired up and worn out. Millions of dollars gone but nobody blinks an eye. BT Finance? Growth DeFi? Small name backstreet protocols are easy prey for the serial killers who roam these streets without fear.
No protocol is too big to fail. The extreme power of flash loans makes blue chips fade to black. Even the mighty Yearn falls victim to the arbitrageur. Will Yearn be bailed out by CeFi?
A new anonymous author speaks out. Join us, as we venture deep into the Dark Forest to uncover a mafia business model being operated by bloXrouteLabs. This protection racket turns Ethereum into a pay-to-play game, which only the frontrunners can win.
Hashmasks has taken the community by storm after it’s recent launch, selling 16,384 unique cards for approximately 7,300 ETH. However, where there is hype there are scammers...
The city hadn’t seen greed like this since Doge was just a pup with a thin moustache and a thinner wallet. It was a strange week in a strange month, maybe even a strange year.