Hardcoded lies, collapsing pegs, and a founder possibly playing both sides. Usual Money's USD0++ implosion - a masterclass in DeFi deception. When 60 percent yields turn into 87 cent redemptions, you're not the user - you're the product.
First significant hack of 2025. Orange Finance got squeezed for $843.5k after their 'multi-sig' turned out to be uni-sig. Their contract is no longer Orange, their security was never golden. Another private key leaks, another protocol rots.
Anybody need a math tutor? Because SolvBTC’s numbers might be in need of a recheck. The battle over Bitcoin reserves might be a little more complicated than it seems. Offline promises and double-counted coins could point to some serious discrepancies… but who's really keeping track?
How Alpha Finance dodged $32 million in debt with two rebrands while Iron Bank holds users hostage. Their hacker's recent 500 ETH cash-out is just another twist in this crypto vanishing act. Is rebranding becoming the gentleman's rug pull?
North Korean hackers don't take holidays. While Hyperliquid guards $2 billion with just 4 validators, DPRK tests their defenses. Security experts warn - 3 signatures is all it takes. The team's response couldn’t be more Bah humbug.
Lawyers draw blood over Zama and Sunscreen's encryption tech. Open-source privacy tech bleeds as a patent battle threatens to nuke innovation.
Recently, Polygon tried to turn its $1.3B bridge into a yield farm. Users said hell no. Aave threatened to exit. Protocols fought, communities roared, and a billion-dollar drama exposed the raw nerves of DeFi governance.
The perfect digital heist - missing reentrancy guards on Gem Pad let an attacker snatch roughly $1.9 million in locked tokens across three chains. Several protocols left wondering if their lock box provider should have checked their own locks first.
Alpaca Finance lost millions by allegedly using manual CoinGecko price updates instead of real oracles. When questioned, they asked "which faster oracle would you have used?" Turns out F5 isn't a reliable price feed. Who knew?
$500k vanished from Clober DEX when code changes met one of DeFi's oldest vulnerabilities. The twist? The exploit code wasn't there during the audits. Some security lessons write themselves.
From meme queen to meme coin casualty. Hailey Welch’s $HAWK token lost 91% in 3 hours as presale investors emptied their bags on newcomers. Even 15 minutes of fame can last one minute too long. The attention economy has claimed its latest victims.
Riding VC millions and prestigious credentials, Parallel Finance secured an early Polkadot parachain slot, only to abandon their chain and mismanage assets. 200k DOT hangs in the balance while an empty governance proposal reveals months of deception.