Jimbo's Protocol - REKT
Jimbo’s Protocol was hit with a flash loan attack in the early hours of Sunday, losing $7.5M. The team have sent the attacker an ultimatum. But for now, Jimbo is stuck in limbo.
Tornado Cash Governance - REKT
Cypherpunks strive to become ungovernable... but not like this. Tornado Cash's governance has been taken hostage via a trojan horse proposal. But now the hacker is proposing reversing the effects of their exploit. Hopefully this all turns out to be just a storm in a teacup.
Swaprum - REKT
Swaprum, an Arbitrum-based DEX, pulled the rug for $3M on Thursday. Certik, the project's auditor, has since updated Swaprum’s security score to “Exit Scam”. Too little, too late?
Recover - Ledger's Latest L
Ledger’s new firmware update has the crypto crowd in crisis. The announcement of the new Recover service has many asking questions about the capabilities of the devices, which run on closed-source code. Trust me bro.
Deus DAO - R3KT
It’s a hat trick for Deus DAO. Token holders lost a total of ~$6.5M and DEI depegged by over 80%. How many times can a thrice-hacked protocol be trusted?
Level Finance - REKT
Level Finance got levelled. $1.1M in referral rewards were robbed from the BSC-based perps platform yesterday. The attack was initially attempted over a week ago, but it seems nobody noticed. Could a warning have saved Level?
Merlin DEX - REKT
$1.8M disappeared in a puff of smoke as Merlin pulled the classic DeFi magic trick. The zksync-native DEX had just completed its audit with Certik. How can such an easily ruggable protocol be green-lit? Or are users also to blame?
Hundred Finance - REKT 2
On April 15th, Hundred Finance suffered a $7.4M exploit on Optimism. This is the protocol's first solo article, after having shared the stage with both Agave DAO and Meter. With Hundred’s leaderboard total now standing at $16.9M… what was it this time?
Yearn - REKT 2
rekt in prod… eventually. Over two years since its first leaderboard entry, Yearn has lost over $10M from an original iearn finance contract. As we wrote last time, no protocol is too big to fail. Who will be next?
SushiSwap - REKT
Yoink. Over $3.3M was stolen from SushiSwap users over the weekend via a new routing contract. This is a bad look for an already-embattled protocol. How many more scandals can Sushi take?
Safemoon - REKT
Not so safe after all. Yesterday, Safemoon lost $8.9M worth of supposedly locked LP thanks to a bug introduced in the project’s latest upgrade. How much longer can Safemoon last?
Kokomo Finance - REKT
Another week, another rug. This time, Kokomo Finance took off with $4M, before deleting their online presence. Less than a week old, and Kokomo has already flatlined.