Backing a stablecoin with another stablecoin backed by the first isn't finance - it's expensive performance art. Stream and Elixir got caught playing stablecoin hot potato. In one instance, Stream turned $1.9 million into $14.5 million xUSD through recursive minting.
Vibe coding lets devs ship AI‑generated code that feels right without understanding it. In crypto and DeFi, this speeds up bugs and creates ticking time bombs. Stop trusting vibes - your next deploy could break everything.
AWS sneezed. Three incidents in eleven days. Kadena’s collapse exposed the quiet decay beneath the Wall Street polish - mismanagement, missed signals, and a runway that vanished before anyone noticed the lights were out.
AWS sneezed. Crypto caught pneumonia. Coinbase crashed, MetaMask disconnected, L2s went dark. Blockchains kept running - access didn't. 37% of Ethereum on Amazon's servers. Decentralization is a meme. Two outages, six months. We rent sovereignty.
$300 trillion of PYUSD - more than 2.5x global GDP - was accidentally minted by Paxos via a single key with infinite power. Then burned 22 minutes later. All for just $2.66 in gas. Could regulated stablecoins be a carefully managed illusion?
A digital iron cage in Myanmar’s scam cities - $10 billion stolen from victims, 100K trafficked into forced labor, and dozens of Starlink dishes on rooftops across the compounds power the satellites, crypto flows, and AI scams that keep modern slavery running nonstop.
You wanted to opt out, they want to make it illegal. Digital IDs, programmable money, biometric gates - the panopticon is operational. Nepal fought back, Vietnam complied. Cypherpunks still code tools to vanish. The quiet future belongs to ghosts.
$1.8 million walked out the door as Abracadabra’s deprecated Cauldron contracts let anyone flip a flag and borrow uncollateralized MIM. Three hacks, $21 million lost, and the simplest exploit yet proves some magic tricks are deadly obvious.
Japan's SBI Crypto was drained for $24 million by suspected North Korean hackers - six months after absorbing DMM Bitcoin's $308 million hack victims. Five chains hit, one week of silence until ZachXBT flagged it, only vague corporate fog since.
Ninety-five percent APY, zero percent chance of getting your money back. HyperVault's $4.64 million rug pulled every classic move - fake audit claims, anon devs with serial scammer histories, privileged contract backdoors. Ghosts left highways - community traced them all.
LayerZero peer exploit hits Griffin AI - attacker minted 5 billion $GAIN tokens, dumped just 2.8% for $3 million profit while 97.2% sits in the attacker's wallet. When your bridge becomes a money printer, admin keys sure make for good exit ramps.
An admin coup on UXLink, followed by cross-chain laundering and billions of UXLINK minted led to an estimated $41 million exploit. Leading to a new contract with a 1 to 1 swap, hacker funds frozen, shaky compensation plans, leaving chaos, and unanswered questions.