Ape Season is here, and Ape Tax must be paid. Just as relevant as when it was first published in December of 2020, our second major video release is an animated assessment of our online gambling culture.
rekt roadkill. $120M taken in a front-end attack, placing Badger at number four on the leaderboard. rekt repeats; "infinite approval means unlimited trust."
rekt by their own token. Mono X lost $31M via a price manipulation of their recently launched $MONO. How did two audits not prevent this?
A “game theory experiment” or a new breed of rug pull? ~$18M snapped up by just the first two transactions of Snowdog’s buyback. Was it luck or inside information that led the top dogs to success?
It’s not all rainbows and unicorns in Uniswap V3. A recent study suggests that ~50% of UNI V3 LPs are losing money.
It’s airdrop season. Tokenised responsibility is falling thick and fast. But do users want to govern, or do they prefer to speculate?
Attacks can come from all angles. Straight to number 6 on our leaderboard for bZx, who lost $55M to a phishing attack.
Cream Finance has been hacked (again) for ~$130 million. The Yearn Finance decentralised monopoly has grown too large. Why accumulate so many protocols if you don’t care for their users?
$16 million taken from Indexed Finance. That’s one more protocol added to the rekt register, and $16 million more on our leaderboard. Is anonymity the only way to stay safe?
This is a customer service announcement. Will FTX please comply with their own terms and conditions? An unhappy FTX user came to us for help after they were overcharged ~$954,135 by the centralised exchange.
It’s worse than we thought. Last week ~$80M in excess COMP was wrongly distributed. Now another ~$68.8M has been sent to the vulnerable vault, and even more COMP is being given away.
A Compound governance proposal contained a bug which allowed for the distribution of ~$80M in excess COMP rewards. Mistakes were made, but who lost out?