SecurityCointelegraphabout 2 hours ago
Term Finance loses $8.5M in vault governance exploit
1 min read
Term Finance permanently closed its Meta Vaults after an attacker drained roughly 2,843 ETH and 1.68 million USDC, totaling about $8.5 million. The exploit removed nearly all Ethereum deposits, representing 68% of the $12.45 million held before the attack.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
