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Tag: decentralized finance

  • Rekt: Moby Trade – Rekt

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    Kurt Seifried
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    Source URL: https://www.rekt.news/mobytrade-rekt Source: Rekt Title: Moby Trade – Rekt Feedly Summary: When your private keys become the white whale, who’s really hunting whom? Moby Trade loses roughly $1 million to a compromised key, while white hats rescue $1.47M from the depths. Some lessons of the sea only need to be learned once. AI Summary…

  • Rekt: Hyperliquidate

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    system automation
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    Source URL: https://www.rekt.news/hyperliquidate Source: Rekt Title: Hyperliquidate Feedly Summary: 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. AI Summary and Description: Yes **Summary:** The text discusses…

  • Rekt: GemPad – Rekt

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    Source URL: https://www.rekt.news/gempad-rekt Source: Rekt Title: GemPad – Rekt Feedly Summary: 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. AI Summary and Description:…

  • Rekt: False Prophet

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    Source URL: https://www.rekt.news/false-prophet Source: Rekt Title: False Prophet Feedly Summary: 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? AI Summary and Description: Yes Summary: The text provides…

  • Rekt: Clober Dex – Rekt

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    Source URL: https://www.rekt.news/cloberdex-rekt Source: Rekt Title: Clober Dex – Rekt Feedly Summary: $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. AI Summary and Description: Yes **Summary:** The incident involving Clober Dex highlights a severe…

  • Slashdot: Backdoor in Compromised Solana Code Library Drains $184,000 from Digital Wallets

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    Source URL: https://news.slashdot.org/story/24/12/05/1848223/backdoor-in-compromised-solana-code-library-drains-184000-from-digital-wallets?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Backdoor in Compromised Solana Code Library Drains $184,000 from Digital Wallets Feedly Summary: AI Summary and Description: Yes Summary: The Solana JavaScript SDK experienced a supply chain attack where malicious code was injected to steal cryptocurrency private keys. This incident highlights the vulnerabilities associated with software supply chains in…

  • Hacker News: A16Z 2025 Big Ideas for Crypto

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    Source URL: https://a16zcrypto.com/posts/article/big-ideas-crypto-2025/ Source: Hacker News Title: A16Z 2025 Big Ideas for Crypto Feedly Summary: Comments AI Summary and Description: Yes Summary: The text outlines emerging trends in AI, crypto, and governance that may shape the technology landscape in 2025. It highlights the transition of AIs into agentic roles, the necessity of unique digital identities,…

  • Slashdot: Tornado Cash Sanctions Overturned By US Appeals Court

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    Source URL: https://yro.slashdot.org/story/24/11/27/2019239/tornado-cash-sanctions-overturned-by-us-appeals-court Source: Slashdot Title: Tornado Cash Sanctions Overturned By US Appeals Court Feedly Summary: AI Summary and Description: Yes Summary: The U.S. federal appeals court ruling on Tornado Cash signifies a pivotal outcome in the ongoing privacy discourse regarding cryptocurrency. It highlights the limitations of government authority over decentralized technologies, potentially reshaping future…

  • Rekt: Locked Away

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    Source URL: https://www.rekt.news/locked-away Source: Rekt Title: Locked Away Feedly Summary: From teen DeFi heroes to SEC villains. How Rari Capital suffered two devastating hacks, got charged with fraud, and vanished – leaving a graveyard of frozen funds and a lesson in what happens when code meets hubris. AI Summary and Description: Yes **Summary:** The text…

  • Rekt: Polter Finance

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    Source URL: https://www.rekt.news/polter-finance-rekt Source: Rekt Title: Polter Finance Feedly Summary: After losing roughly $8.7 million to a textbook case of oracle manipulation, Polter Finance is scrambling to clean up the mess. Their unaudited protocol left key vulnerabilities wide open, and now they’re facing the fallout. Another day, another lesson in DeFi’s recklessness. AI Summary and…