Today news
About the same in other media
23.11 - 23:07
DeFi protocol bZx falls victim to phishing attack, around $55 million lost
Reading now: 714
ambcrypto.comThedecentralized finance sector is growing at a breakneck pace. Total value locked in DeFi, at press time stood at more than $250 billion. However, here’s the negative side to this ever-increasing ecosystem.
In the first four months of 2021, the DeFi sector lost about $240 million. These are just the publicly known cases; the real estimate of losses could be in billions of dollars.
DeFi protocol bZx, a widely-used protocol is currently trending in the news. Well, for the wrong reasons. This protocol built on Ethereum and Binance Smart Chain was hacked for at least $55 million. As reported in the series of tweets, bZx executives tweeted,
<p lang=«en» dir=«ltr» xml:lang=«en»>An hour ago it appears that the private key controlling the Polygon and Read more on ambcrypto.comAbout this in other media
Lunar (LNR): The DeFi Ecosystem and Reward Token that Filled their 1000 BNB Presale in 15 Seconds cryptonews.com /3 years ago
Building multichain is a new necessity for DeFi products cointelegraph.com /3 years ago
Panther Protocol Partners with Songbird - Flare's Canary Network - to Accelerate Privacy Adoption in DeFi cryptonews.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
