rekt
DeFi security and hack incident news platform
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About rekt
Rekt began in 2020 as a DeFi news platform, establishing itself as a critical voice in crypto through its iconic "rekt" incident reports. In 2022, it expanded into NFTs with the free Rektguy mint, which failed to sell out but cultivated a loyal community. This community became the foundation for Rekt Drinks, launched in 2023, with the Liquidated Lime sparkling water selling 222,000 cans across 32 countries in under 48 hours in late 2024. In 2025, Rekt completed a $1.5 million seed round, and its REKT token was listed on Binance Alpha and Bitget, marking its transition from media and consumer brand to a broader crypto ecosystem player. These milestones highlight Rekt's evolution from a niche media outlet to a community-driven brand leveraging Web3 mechanics for real-world products.
Over the past six months (2026-03-08 to 2026-09-08), Rekt has solidified its role as DeFi's leading security journalism outlet. Key developments include the release of the Q2 2026 REKT Report, documenting $764 million lost across 67 incidents, with 88.3% attributed to operational failures—a finding widely cited across the industry. The platform also published an in-depth investigation into the Venus Protocol attack (March 15, 2026), exposing a nine-month accumulation strategy and a Mango Markets-style price manipulation bypassing supply caps. Looking ahead, Rekt's roadmap centers on a 12-month partnership proposal with GMX DAO (gov.gmx.io/t/5110), outlining a dedicated perpetual DEX security coverage track. This includes four long-form investigations (covering GMX-stack architecture and competitor protocols like dYdX, Hyperliquid, Drift), a standalone case study on the GMX $42M reentrancy response and $5M white-hat bounty resolution, one video documentary, one podcast panel, and a dedicated perpetual DEX security tag on hub.rekt.news. The initiative aims to create educational, evergreen reference content, with editorial independence maintained. No other major roadmap items or operational changes were announced during this period.
Julien Bouteloup: Founder of rekt.news. Also founder & CEO of Stake Capital Group, founder of Stake DAO, early core team member of Curve Finance, and founder of BlackPool. He works on cryptoeconomics, governance, and decentralized infrastructure, and originated the liquid staking concept.
Quentin Milne: Founding team member & current Editor-in-Chief of rekt.news. Former co-GM of Stake DAO, member of Curve Emergency DAO and Grants Council. Previously traded at Ørsted, Cargill, EDF Trading, and BNP Paribas, blending traditional finance with crypto operations.