BowTiedPickle 
Dawn breaks Saturday morning in the Americas with a crushing DeFi exploit. Stablecoin provider and Tribe DAO member Fei Protocol was hacked in a series of transactions around 6:30 EST, for a loss of over 26,873 ETH, just over $76 million USD. The protocol is currently offering a $10 million USD whitehat bounty for return … Read more
Saddle Finance is no stranger to hacks. They’ve already been hit before, under somewhat suspicious circumstances. This time around, though, it looks like a plain old fatfinger by the developers. Saddle Finance was hacked today, 4/30/22, for the loss of 3,933 ETH, worth over $11 million. The swap between sUSD and saddleUSD-V2 did not use … Read more
In Decentralized Finance, protocols live and die by liquidity. Billions of dollars are thrown around trying to manage and direct it. There are entire protocols that only exist to manage liquidity. For much of DeFi history, there was only one answer when it came to efficient swaps for large amounts: Curve. That changed with the … Read more
In the time-honored tradition of Bored Ape Yacht Club holders losing their shirts to scams, another hacker has managed to fleece the masses. There’s a twist this time, though: the official Bored Ape Yacht Club Instagram was compromised. The attacker posted a link to a fake BAYC Metaverse land drop, and hoovered up NFTs from … Read more
Refundable auctions are a hot topic today on Twitter. There was the wildly successful Anata NFT drop… and then there was the AkuDreams auction. The auction required users to transfer funds with their bid, and allowed them to claim a refund afterwards if the Dutch auction price dropped below their bid. However, a bug in … Read more
Virtually all lending/borrowing protocols are permissioned. Governance or developer intervention is required to support new tokens, etc. There is an important exception to this rule: Fuse. In this article, we’re going to to cover a high level overview of the Fuse protocol ecosystem. Buckle up, kiddos. We’re going on a trip. First, a bit of … Read more
There’s a lot to keep up with in crypto, and token standards are no different. The industry is still young, and best practices are still evolving. You may already be familiar with the ERC-20 fungible token and the ERC-721 nonfungible token (NFT) standards. But wait, there’s more! What is an ERC-1155 token, and why do … Read more
I recently did a guest post for the BowTiedBull Substack, diving into how tokens work and common user pitfalls. One of the most requested followups was how to manually revoke token approvals without Etherscan, in case one of the helpers like Etherscan’s approval tool or Revoke.cash went down. The answer to that question is simple, … Read more
Last week, social experiment The Tweet DAO took crypto Twitter by storm. I covered the story soon after the project’s launch (read here), and there was already plenty of material to write on. The project was still young though, and anything could happen, so I followed, and eagerly awaited future developments. Here’s what’s going on … Read more
For better or worse, the cryptocurrency community lives on Twitter. The bird app remains the best place to find alpha, hear about hacks, and get a sense of the community gestalt. Below are the 15 best Crypto Twitter accounts that are a must follow. There are some incredibly high-value follows that have a long history of … Read more