Crypto Sobers Up After Its Dog-Coin Spring
The easy gains phase of this cycle appears to be over, and the market's newly heightened volatility is simply the new baseline traders will need to adjust to. Google search interes…
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Flash-Loan Share Price Manipulation Drains $6.3M From Belt on BSC
A flash-loan-driven manipulation of share valuation cost Belt Finance $6.3 million, adding another entry to the string of similar exploits that hit BSC protocols during this period…
BurgerSwap Loses $7.2M as Reentrancy Hits Another Uniswap Fork
BurgerSwap became the fourth protocol in as many weeks to fall to the same category of exploit that had been plaguing the sector since the recent market downturn. Despite the patte…
Merlin Labs Hit Again Hours After Its First Exploit, Losing 200 More ETH
One exploit in a single day wasn't the end of it for Merlin Labs. Following our earlier coverage of the project's $680,000 loss, a reader pointed out that the story hadn't finished…
Another PancakeBunny Fork Falls to the Same Reward-Manipulation Trick
After the PancakeBunny exploit set the template, a nearly identical pattern of attacks has continued to surface across Binance Smart Chain . The latest victim: Merlin Lab , which l…
Flash-Loan Reward Exploit Mints Millions of SHARK Tokens on BSC
On Tuesday, May 25, 2021, BSC yield project Autoshark was exploited for approximately $745,000 in profit to the attacker — a comparatively small sum, but notable for arriving just …
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…
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…
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