Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance – Bitcoin News

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According to a post mortem report, DeusFinance lost around $3 million worth of ethereum and the stablecoin DAI.

Another decentralized finance protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around $3 million worth of ethereum and the stablecoin DAI.The crypto community has been conversing about another defi hack after a few reports noted the defi application Deus Finance was siphoned for $3 million in crypto assets.

“Deus Finance was exploited — leading to the gain of ~$3M for the hacker , including 200,000 DAI and 1101.8

 

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Another day, another DeFi hack. This is what happens when you race to release your MVP. You can't do that in finance.

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$3 Million in DAI and ETH Stolen From Deus Finance in the Latest DeFi HackHacks against DeFi protocols have returned after a brief hiatus, with the latest victim being Deus Finance.
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$3 Million in DAI and ETH Stolen From Deus Finance in the Latest DeFi HackHacks against DeFi protocols have returned after a brief hiatus, with the latest victim being Deus Finance.
Source: Crypto_Potato - 🏆 568. / 51 Read more »