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Illustration: A sad-looking Bored Ape Yacht Club NFT monkey looks at a world engulfed in flames.

Web3 is Going Just Great

...and is definitely not an enormous grift that's pouring lighter fluid on our already smoldering planet.

Created by Molly White. Subscribe to her newsletter for weekly recaps.

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May 7, 2021

Value DeFi hacked twice in one week, three times in six months

Value DeFi logo, a blue vee on a light purple background(attribution)
After a $10 million hack just two days prior, Value DeFi had another $11 million stolen after attackers found and exploited a different bug in their smart contract.
  • "$22 Million Was Stolen From Three Defi Platforms Last Weekend", The Defiant
  • "VALUE DEFI - REKT 3", Rekt
Theme tags: Bug, Hack or scam
Tech tags: DeFi

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