A single user lost $50 million worth of WBTC
It was first reported that only $10 million was stolen during the hack. However, since it was an attack on the user interface and not the core protocol contracts, the hacker was able to continue the theft even if users transferred their funds back to one of their wallets. This was possible because they had unknowingly approved the malicious contracts. Affected users claim that their wallet providers asked them for additional approvals to receive yield farming prices.According to a tweet from blockchain security firm Peckshield, the damage is far greater than $10 million and amounts to more than $100 million. One user even lost about 900 WBTC, which is worth about $50 million. In the BadgerDAO Discord it became clear that $130 milllion was stolen and that a script injection via a Cloudflare API key was likely the cause of the hack. The malicious script was able to interact with the injected web3 provider and intercept any web3 transaction. In this way, users unknowingly approved malicious contracts on the Badger DAO Protocol User Interface. This allowed the attacker to withdraw the money from the wallet at any time.
$BADGER token dropped 15%
The BadgerDAO team is still investigating the hack, and it is unclear whether it will reimburse users for their losses. Meanwhile, $BADGER, the protocol's native token, has dropped 15% over the day. The price has dropped from $26 before the hack to $22.7 currently. Many users advise people who have interacted with the Badger DAO protocol to revoke approvals as the hacker can still steal your money if you interact with the malicious contract. Another important lesson is that when interacting with DeFi, you should always make sure that you approve the right contract.According to a recent report by Elliptic, a total of $12 billion was stolen by DeFi exploits in 2020 and 2021. $5.5 billion in losses were caused by code exploits and another $5.3 billion by economic exploits. Admin key exploits caused another $1 billion in losses. While "rug pulls" or exit scams caused investors to lose $18 million.
Continue reading by joining Cryptonary Pro
$997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
