🧵 1. Two DeFi protocols, Exactly and Harbor, have been hacked in separate attacks, resulting in millions of dollars worth of crypto assets stolen. #crypto
🧵 1. Two DeFi protocols, Exactly and Harbor, have been hacked in separate attacks, resulting in millions of dollars worth of crypto assets stolen. #crypto
I confess it's hard to believe they've launched so many protocols & platforms without a thorough "security test storm" performed by white hat hackers for months. It makes me suspect a part of those "hacks" are insiders jobs.
Another day another defi platform hacked. Confidence has pretty much been shattered in the defi space by this
🧵 2. Exactly Protocol lost 4,323.6 ETH ($7.3M) to hackers who used bridges to transfer the stolen funds. The team is trying to communicate with the attackers for asset return.
🧵 3. Harbor, an interchain stablecoin protocol, has also been attacked, resulting in loss of funds. The total amount stolen is yet to be determined.
🧵 4. These attacks add to the increasing security incidents in the DeFi ecosystem, with recent exploits targeting protocols like Curve Finance, Earn.Finance, and Zunami Protocol.
🧵 5. Magazine feature: DeFi's influence grows as Ethereum is deemed "woefully undervalued" by experts.
🧵 Read more at: https://cointelegraph.com/news/defi-protocols-exactly-harbor-hacked-separate-attacks