Silvergate - REKT
Unbanking the banked. After a troubled few months, Silvergate has finally given up. A house of cards will collapse when shaken. Who's next?
3AC Contagion
Shockwaves from the Three Arrows implosion are still shaking the industry. Organisations such as Voyager and BlockFi are desperately looking for a lifeline. Can these CeFi casualties survive solely on the effective altruism of others?
Celsius - REKT
Celsius is burning up. As their positions approached liquidation point, and with users prevented from withdrawing their funds, many feared the worst. It now seems Celsius is cooling down, but will the markets forgive them?
LCX - REKT
Nothing to see here… Another CEX rekt, $7.94M stolen. The USP of centralised finance grows smaller by the day.
BitMart - REKT
Is CeFi any safer than DeFi? If not, why use it? BitMart has lost $196M, placing it at number 2 on our leaderboard. Will they commit to refunding their users?
CeFi - REKT
They play the same games as we do. The stakes are higher but the rules are the same. Nobody calls a hack an exploit when it’s nation versus nation, instead it’s a “huge cyber espionage campaign”, by “highly sophisticated threat actors”. The U.S got rekt like anybody else.