Happy Ending of Ethereum DeFi Hack Still Leaves Much to Be Desired

It has been a tumultuous ride for users of Ethereum’s decentralized finance (DeFi) over the past few days. The evening of April 18th saw DeFi protocol Lendf.me go into a tailspin, with the protocol’s primary address bleeding funds at a rapid clip. In fact, within a few hours, $25 million worth of value, held mostly in Ethereum and Tether’s USDT, was wiped from the protocol, revealed to be stolen by an attacker utilizing an exploit. […]

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Author: toutiao