Willy Wonka returns with the infinite mint, creating 59,471,745.571 PAID tokens before dumping them onto the unsuspecting Oompa Loompas who were providing liquidity to the PAID/ETH pair on Uniswap.
An impressive debut for the first major exploit on BSC, as Meerkat Finance head straight to number three on our leaderboard. Will CZ and team roll back their corporate chain, or allow their users to suffer the loss? This suricate scam leaves the thieves with nowhere to hide.
Welcome to the Unreal Estate. We invite you to pass through the revolving doors of perception and take a trip into a different reality. VR and NFTs will change the world. We visit Decentraland and Somnium Space to bring you a vision of two worlds that will soon collide on-chain.
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?