Welcome to the dark web of DeFi.
Authentic investigative journalism and unfiltered creative commentary.
Thursday, September 26, 2024
Banana Gun slipped on a $3 million Telegram peel, proving once again that in DeFi, even your bot can go bananas.
Another day, another protocol got caught with its pants down.
Banana Gun, the supposedly secure Telegram trading bot, got royally split.
On September 19th, while most of us were busy watching charts go sideways, some Banana Gun users found their wallets being peeled faster than a chimp on speed.
This fruit fiasco started with a rumor of a few wallets going bananas, but quickly ripened into a full-blown plantain panic.
Initially reported as a $1.9M slipup affecting 36 users, this bunch of bad news eventually grew to a $3M whopper impacting 11 very unhappy campers.
Talk about your garden-variety FUD bearing some seriously rotten fruit.
Banana Gun users found themselves in the crosshairs of a potassium-powered misfire.
As refund promises fly, one wonders: in DeFi, is "secure" just code for "not yet hacked"?
We provide an anonymous platform for whistleblowers and DeFi detectives to present their information to the community. All authors remain anonymous.
We are all rekt.