This is a mirror of new articles posted on https://rekt.news THIS IS A BOT, NOT AN OFFICIAL ACCOUNT
DeFi / Crypto - 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.
DeFi / Crypto - $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.
DeFi / Crypto - 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.
DeFi / Crypto - Clean energy blockchain Rowan Energy claimed 545 million supply while secretly holding 945 million and a mint function. Researcher exposed the fraud by minting 1 billion tokens then burning them as proof. Was this CEO's first scam or part of a longer pattern?
DeFi / Crypto - The CEO of TON promised UAE Golden Visas for $100K staked + $35K fees. Three federal regulators fact-checked him in 48 hours, revealing zero licenses or partnerships. From definitely real to communication clusterbleep before most investors knew what hit them.
DeFi / Crypto - $42 million appeared to vanish from GMX V1 on July 9 via cross-contract reentrancy exploit introduced by a 2022 bug fix. Attacker manipulated globalShortAveragePrices to inflate GLP pricing, but funds were later recovered in coordinated disclosure - $5M bounty paid.
DeFi / Crypto - Hackers exploited a hidden proxy backdoor to mint 110,000 $K tokens on Arbitrum, draining $1.55 million from liquidity pools and crashing the price 95%. Kinto blames sophisticated attackers and old proxy code, but the precise execution highlights crypto's ongoing security challenges.
DeFi / Crypto - An attacker used crafted swapData to trigger arbitrary calls through a trusted rebalancer contract, draining $3.6 million from user vaults. The exploit hit during a pause cool down, leaving ArcadiaFi unable to intervene before the funds were bridged out.
DeFi / Crypto - Supply chain attack hit BigONE for $27 million when attackers compromised production servers and reprogrammed withdrawal systems to approve unauthorized drains. No private keys stolen - just someone who convinced the vault it was payday.
DeFi / Crypto - $44.3 million drained in broad daylight. CoinDCX stayed silent for 17 hours - until ZachXBT forced their hand. The attacker funded from Tornado, routed through FixedFloat, and hit with precision. Hard to pull off something this coordinated without knowing where to look.
DeFi / Crypto - $14 million lost on WOO X when a phishing attack compromised a team member's device, giving hackers access to wallets across multiple blockchains. Third strike for WOO ecosystem after $25 million Kronos and $8.5 million WooFi breaches - turning their best-in-class security into a joke.
DeFi / Crypto - The GENIUS Act might be Wall Street's victory disguised as crypto's win. DeFi protocols get squeezed into compliance boxes while TradFi absorbs the revolution. But code doesn't die - it just finds new homes. Who writes the future now?
DeFi / Crypto - International customers at Abra are locked out, withdrawals frozen with zero recourse, while CEO flexes institutional wins and rolls out new products. After $82 million in US settlements and worthless CPRX tokens, Abra leaves many stranded and unheard.
DeFi / Crypto - Six days of setup, minutes of execution. A compromised Credix admin account minted worthless acUSDC tokens, borrowed $4.5 million against phantom collateral, then shipped everything to Ethereum. Someone with the right access decided payday had arrived.
DeFi / Crypto - 127,426 BTC worth $3.5 billion in 2020 vanished from LuBian’s mining pool in one of the largest single-event crypto thefts ever. Five years later, it’s a $14.8 billion ghost heist - uncovered by Arkham Intelligence - still sitting untouched on-chain.
DeFi / Crypto - Over $16 million drained by a fake that tricked their vaults using their own permissions. AlexLab got rekt - again. Last year it was a leaked key, this time it’s bad logic. Two exploits, two attack vectors - same protocol, still not learning.
DeFi / Crypto - $500k vanished from Zunami Protocol in a mid-May admin key exploit. Months of stagnant development & perfect timing may have paved the way. Team offered weak excuses, dismissed concerns, left users empty-handed. When emergency keys open doors, who's in control?
DeFi / Crypto - A security firm forgot its own security. Hacken's HAI token got nuked after a bridge key leak let an attacker mint 900M tokens and dump $170K. 99% crash, KuCoin KYC twist, and a tokenomics pivot no one asked for. They wrote the report - and lived it.
DeFi / Crypto - $9.8M lost in just 2 hours after ResupplyFi deployed a new market when someone donated pocket change to manipulate their fresh vault's exchange rate to zero. Attacker then drained the entire market using 1 wei of worthless shares as collateral.
DeFi / Crypto - Cork Protocol’s $12 million hack turned into pure audit theater. Hacker drops technical corrections on-chain, one audit firm’s CEO calls out a sloppy competitor, while they hide behind confidentiality. The thief may have given better analysis than some pros.
