Hack

An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions.

Multichain lending protocol Hundred Finance has experienced a significant security breach on the Ethereum layer-2 blockchain Optimism. According to the protocol on Twitter, the losses sit at $7.4 million.Hundred Finance announced the…

Another DeFi platform took a major hit today, as the decentralized, credit-based stablecoin Beanstalk (with it’s stablecoin $BEAN) has broken it’s peg following a roughly $80M hack. Speculation has been left, right and center and a number…