Seneca Protocol - REKT


Over $6.4 million was stolen from users wallets on February 28, thanks to the bad tao of Seneca. Roughly 80% of the funds were returned within a day. Clearly Seneca knew there were issues, but chose the reckless route.

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Communication Breakdown


Governance is a theater. Dramatic walkouts from liquidity experts and risk managers alike serve as stark reminders of the complexities and challenges of decentralized governance.

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Abracadabra - REKT


On-chain black magic led to two of Abracadabra’s cauldrons springing a leak yesterday. $6.5M gone and MIM losing its magic... What dark arts are needed for a full repeg?

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Socket - REKT


Infinite approvals… the ultimate leap of faith. Socket’s Bungee bridge lost $3.3M yesterday. Have you checked your approvals lately?

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Gensler's Grand Gaffe


A fitting regulator for our circus of an industry. Yesterday, the SEC’s official Twitter account was compromised, announcing the approval of Bitcoin ETFs. Will the SEC investigate itself?

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Gamma Strategies - REKT


Gamma Strategies, an Arbitrum-based concentrated liquidity management protocol, was exploited for at least $4.5M, earlier today. Recently we wondered, "Can we do better this year?". So far, it’s not looking good.

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Radiant Capital - REKT


2024 is off to a bright start... Lending protool Radiant Capital lost $4.5M, to a known bug. Keeping up with the security landscape is key, especially when dealing with forked code.

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Levana Protocol - REKT


Gradually, then all at once. Levana Protocol lost over $1.1M to an oracle manipulation attack lasting almost two weeks. But if it hadn’t been for congestion, would they have even noticed?

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Money for nothing?


The cost of doing business? 98%. $1.3M was lost yesterday when a Uniswap V3 whale LP made a costly fat-finger error. Who deserves the spoils?

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Ape Season Returns


The apes are out of their cages once more, but familiar dangers are ever-present. Each innovation spawns new ways to get rekt but, despite the risks, opportunity certainly is out there.

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Hypr Network - REKT


What is this, a bridge hack for ants? Yesterday, Hypr Network lost $220k to a bridge exploit. Forking code can be risky, especially when devs aren't up to date with issues in the source.

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