- Scam type: Hack
- Chain: EVM (Ethereum, BNB Chain, Base and other EVM chains)
- Reported: 2026-04-27
- Last updated: 2026-04-27
DeFi Exploit: BetterBank - Rekt Date: 8/26/2025 Loss: $5,000,000 USD Tags: BetterBank, Reward Logic Flaw, Rekt Summary: 3 weeks from launch to exploit - $5 million drained from BetterBank, leaving users lighter while the protocol’s own reward logic printed the cash. A simple incentive flaw triggered catastrophic losses, exposing how quickly DeFi math can turn on you. Exploit/attacker addresses extracted from on-chain analysis and incident reports. Reference: https://rekt.news/betterbank-rekt Source: https://de.fi/rekt-database
Other addresses in this report: 0x18dd9e3f039f319c854c389fc87b5295d3cb7f94, 0x767c5a70cda0d9469cce3a56653e1d170d9849c3, 0x792cdc4adcf6b33880865a200319ecbc496e98f8, 0x48c9f537f3f1a2c95c46891332e05da0d268869b