Study Finds Half of Uniswap V3 Liquidity Providers Are Losing Money
Concentrated liquidity hasn't delivered the payoff Uniswap promised its providers. A recent academic study finds that roughly half of Uniswap V3 liquidity providers would have come…
Latest
Fresh from the desk
ParaSwap and ENS Take Opposite Paths to Stop Airdrop Farmers
Governance tokens keep getting handed out, but the underlying tension hasn't gone away: most recipients want to cash out, not vote. With so few holders actually participating in go…
A Phishing Email Cost bZx $55 Million Across Polygon and BSC
Not every exploit requires clever smart-contract engineering — sometimes an ordinary phishing email is enough. That was the case for bZx.network , whose first appearance on the Rek…
Cream's Second Nine-Figure Bleed Exposes Yearn's Cracks
On Thursday, October 28, 2021, Cream Finance was exploited for a second time, this time for approximately $130 million. The incident put Cream in third place on the overall loss le…
A Pricing Delay in Indexed Finance's Pools Costs Users $16 Million
Indexed Finance has become the latest protocol added to the exploit tally, with an attacker walking away with roughly $16 million. Shortly after the incident, core contributor Dr L…
FTX Customer Fights Six-Figure Fee After Stablecoin Ticker Confusion
A dispute between FTX and one of its users has emerged over roughly $954,135 in fees the exchange withheld from a deposit, after a stablecoin rebrand appears to have caused confusi…
Compound's Reservoir Drains Again, Pushing the COMP Bug Past $147M
The damage from Compound's governance bug turned out to be far larger than initially assumed. A week earlier , a flaw in the updated Comptroller contract had caused roughly $80 mil…
Compound's COMP Distribution Bug Leaks $80 Million to Opportunistic Claimants
A community-authored governance proposal, Proposal 62 , which had reportedly been reviewed by Compound Labs before deployment, contained a calculation error that let certain users …
rekt.news Marks One Year With a 20-Piece NFT Auction on OpenSea
rekt.news marked its one-year anniversary by launching an auction of 20 original NFTs, intended both as a celebration of the site's first year and as a funding mechanism for future…
Rekt.news Celebrates Its First Anniversary With Merch and an NFT Auction
Twelve months have elapsed since rekt.news launched with its "Hello World" post. Over that stretch, the outlet has put out 100 pieces of investigative reporting, commentary, and in…
Oracle Manipulation on Avalanche Nets Attacker $34M From Vee Finance
Vee Finance lost $34 million to an exploit, placing the protocol seventh on the incident leaderboard. The attack marks the second major loss on the Avalanche network within the sam…
Rogue Contractor Diverts $3.1M From Sushi's MISO Auction Platform
A contractor hired to build out the MISO auction for a project called "JayPegs Automart" swapped his own wallet address into the contract in place of the designated auctionWallet —…
Investigation alerts
Get new scam files the moment we publish them — usually 2–3 emails a week.