A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything.
Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything.
Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
"Against the backdrop of a banking meltdown and stablecoin crisis, one of DeFi’s most well-established lending protocols, Euler Finance, was struck a ~$200M blow.
As USDC was creeping back towards its peg, Peckshield raised the alarm.
_...Read More_
"Against the backdrop of a banking meltdown and stablecoin crisis, one of DeFi’s most well-established lending protocols, Euler Finance, was struck a ~$200M blow.
As USDC was creeping back towards its peg, Peckshield raised the alarm.
_...Read More_
"A nebulous threat rattled the entire Hedera ecosystem, yesterday.
Fear, rumour and suspicion took hold as both users and devs attempted to make sense of the chaos.
_...Read More_
"A nebulous threat rattled the entire Hedera ecosystem, yesterday.
Fear, rumour and suspicion took hold as both users and devs attempted to make sense of the chaos.
_...Read More_
"After a troubled few months, Silvergate has finally given up.
In an announcement yesterday, the crypto industry’s principal banking provider said it would “wind down operations and voluntarily liquidate Silvergate Bank”.
_...Read More_
"After a troubled few months, Silvergate has finally given up.
In an announcement yesterday, the crypto industry’s principal banking provider said it would “wind down operations and voluntarily liquidate Silvergate Bank”.
_...Read More_
"New protocols spring up out of nowhere. Some on the back of genuine innovation, and others simply shilled into existence by CT’s ‘thought-leader’ VCs.
Projects can also find themselves undone from one block to the next.
_...Read More_
"New protocols spring up out of nowhere. Some on the back of genuine innovation, and others simply shilled into existence by CT’s ‘thought-leader’ VCs.
Projects can also find themselves undone from one block to the next.
_...Read More_
"dForce Network was hit for $3.65M on both Arbitrum and Optimism.
Shortly after 11pm Thursday night (UTC), an attack on two fronts exploited a common reentrancy vulnerability, netting $1.9M on Arbitrum and $1.7M on Optimism.
_...Read More_
"dForce Network was hit for $3.65M on both Arbitrum and Optimism.
Shortly after 11pm Thursday night (UTC), an attack on two fronts exploited a common reentrancy vulnerability, netting $1.9M on Arbitrum and $1.7M on Optimism.
_...Read More_
"Our circus has burnt down, and all of the clowns have nowhere to go.
“Effective altruism”, millions of dollars in lobbying, and an unprecedented bull market meant that many turned a blind eye to FTX and Alameda’s predatory tactics.
_...Read More_
"Our circus has burnt down, and all of the clowns have nowhere to go.
“Effective altruism”, millions of dollars in lobbying, and an unprecedented bull market meant that many turned a blind eye to FTX and Alameda’s predatory tactics.
_...Read More_
The latest entry on our leaderboard comes from a post-FTX wasteland, once a promising hive of VC-backed dev activity.
On Friday, Raydium, a Solana-based AMM, lost a total of ~$4.4M in fees from its liquidity pools.
_...Read More_
The latest entry on our leaderboard comes from a post-FTX wasteland, once a promising hive of VC-backed dev activity.
On Friday, Raydium, a Solana-based AMM, lost a total of ~$4.4M in fees from its liquidity pools.
_...Read More_
Lodestar Finance, a Compound fork on Arbitrum, is the latest victim of the mass market manipulation that has affected both people and protocols across our industry.
On Saturday, the price oracle of plvGLP collateral was manipulated, _...Read More_
Lodestar Finance, a Compound fork on Arbitrum, is the latest victim of the mass market manipulation that has affected both people and protocols across our industry.
On Saturday, the price oracle of plvGLP collateral was manipulated, _...Read More_
SBF’s meltdown has gone from bad, to worse, to weird.
As Twitter crumbles, the disgraced former head of FTX is still spinning his story, repeating the same “shiboleths” [sic] while shirking responsibility for stealing customer funds.
_...Read More_
SBF’s meltdown has gone from bad, to worse, to weird.
As Twitter crumbles, the disgraced former head of FTX is still spinning his story, repeating the same “shiboleths” [sic] while shirking responsibility for stealing customer funds.
_...Read More_
Skyward Finance has come crashing down to earth.
The NEAR-based token launchpad had its treasury drained of 1.1M NEAR, worth approximately $3.2M at the time.
_...Read More_
Skyward Finance has come crashing down to earth.
The NEAR-based token launchpad had its treasury drained of 1.1M NEAR, worth approximately $3.2M at the time.
_...Read More_
Four projects got rugged through their shared anti-rug mechanism.
Team Finance, the self-proclaimed “Industry Leader In Project Security & Automation”, lost $15.8M of funds that it was supposed to be safeguarding.
_...Read More_
Four projects got rugged through their shared anti-rug mechanism.
Team Finance, the self-proclaimed “Industry Leader In Project Security & Automation”, lost $15.8M of funds that it was supposed to be safeguarding.
_...Read More_
After aggressively farming many of DeFi’s most lucrative opportunities since the summer of 2020, SBF is now suggesting his own industry standards, many of which go against the entire concept of decentralisation.
In a recent post on _...Read More_
After aggressively farming many of DeFi’s most lucrative opportunities since the summer of 2020, SBF is now suggesting his own industry standards, many of which go against the entire concept of decentralisation.
In a recent post on _...Read More_
Lending protocol Moola Market is the latest to fall victim to a “highly profitable trading strategy”, and the first CELO protocol on the rekt.news leaderboard (#63).
Similarly to last week’s Mango Markets case, the exploit was carried out _...Read More_
Lending protocol Moola Market is the latest to fall victim to a “highly profitable trading strategy”, and the first CELO protocol on the rekt.news leaderboard (#63).
Similarly to last week’s Mango Markets case, the exploit was carried out _...Read More_
"Kucoin originally stated that the stolen tokens had a value of at least $150m, however some are estimating the true value to be as high as $280m, as more wallets are linked to the attack."
"Kucoin originally stated that the stolen tokens had a value of at least $150m, however some are estimating the true value to be as high as $280m, as more wallets are linked to the attack."