Tag: exploit

SuperRare Exploit: A $730K Wake-Up Call for DeFi Security?

07/30/2025

SuperRare Exploit: A $730K Wake-Up Call for DeFi Security?

That SuperRare exploit, a $730,000 theft of RARE tokens, isn’t just another headline in the crypto news cycle. What a great, mighty, horrible, beautiful, powerful reminder that was. In the new and fast-moving landscape of DeFi, simple security fundamentals can egregiously fall to the wayside. We're talking about a flawed...

Loopscale Suffers $5.8 Million Loss in Solana DeFi Exploit

04/28/2025

Loopscale Suffers $5.8 Million Loss in Solana DeFi Exploit

Loopscale, a Solana-based lending protocol had a recent security exploit. This unfortunate event resulted in a loss of $5.8 million, representing 12% of its total value locked (TVL). The platform, formerly known as Bridgesplit, officially went live on April 10. Unfortunately, it then became the target of a very sophisticated...

Loopscale Lending Protocol on Solana Halted After $5.8 Million Exploit

04/28/2025

Loopscale Lending Protocol on Solana Halted After $5.8 Million Exploit

Loopscale, a decentralized finance (DeFi) lending protocol on Solana, temporarily halted its lending markets after suffering an approximately $5.8 million exploit. The protocol went live on April 10 following a six-month closed beta. It’s now leveraged by lending markets for tokens like JitoSOL and BONK. With about $40 million in...

Further Reading

Forget Wall Street. Forget Sotheby's. The real revolution in art and finance isn't happening in oak-paneled boardrooms, it's unfolding on decentralized exchanges. And trust me, it's a wild ride.Art Galleries? Pshaw! DEXs DeliverHaving spent the better part of the last decade deep in the NFT ecosystem, I’ve seen promising artists...

Let's be honest, traditional finance feels like that old, stuffy restaurant clinging to outdated recipes while the world craves something fresh and exciting. That fresh and exciting is quickly shaping up to be Decentralized Exchanges (DEXs). While Wall Street execs are worried about how big their bonuses are going to...

We know that the digital asset space is a busy and crowded stadium. Each week, it seems, we have a new shiny object that comes onto the scene, the next big thing everything’s betting on to be the superstar. Bitcoin Hyper (HYPER), riding high after its $5.8 million ICO, is...

Alright, listen up, degens. Doge went to the moon baby! In the meantime, Shiba Inu marched its way into the top 10, and the army of Pepe derivatives has us reeling. Are you ready for Bitcoin Hyper? Or are you about to be hit by yet another passing fad meme...

Ethereum. Ten years. An eternity in crypto years. It began with a dream, an ethereal whitepaper heralding an age of decentralized apps. Now, as we celebrate a decade of innovation and disruption, a crucial question lingers: Has Ethereum, in its pursuit of scalability and mainstream adoption, strayed too far from...

Okay, Ethereum's officially a decade old. Ten years. That’s, like, middle school years in crypto time. And honestly? It’s akin to having just found the key to a extremely difficult hidden boss battle. Get over the adorable, snuggly, “blockchain for all” nonsense. We’re talking about fire-breathing dragons, laser-eye robots, the...

Okay, hear me out. I know, I know. In the Bitcoin world, comparing anything to Dogecoin is akin to blasphemy. Come on, we know the crypto market is fueled by memes. So too is GOAT Network, as with its BitVM2 and Bitcoin yield via ZK proofs pledges, ready meme-ified. I’m...

GOAT Network is making waves, promising Bitcoin holders the holy grail: scalable yield without selling their precious sats. The hook? An BitVM2-based ZK rollup that settles natively on Bitcoin, with mega turbo-fast proofs. Sounds amazing, right? Let's pump the brakes a bit. We've seen this movie before. Recall all the...