Home Finance DEUS Finance Loses $6 Million After Stablecoin Hack

DEUS Finance Loses $6 Million After Stablecoin Hack

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DEUS Finance Loses $6 Million After Stablecoin Hack

Decentralized Finance (DeFi) protocol DEUS has misplaced over $6 million as a result of a safety breach in its DEI stablecoin. The hacker exploited a vulnerability within the BNB good chain (BSC) on Could 5, based on blockchain safety agency PeckShield.

A bot initiated the BSC hack leading to a lack of over $1.3 million. The attacker additionally focused the Arbitrum community, with ARB/ETH deployments dropping over $5 million. Twitter customers claims the token contract had a primary implementation error as its root trigger.

Proceed studying on Coin Telegraph

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