Coin Edition
2023-04-16 12:00:00

Hundred Finance Lending Protocol Loses $7M to Hack on Optimism

Hackers attacked the Hundred Finance multi-chain lending protocol on Saturday, April 15, 2023. According to PeckShield, the blockchain security and data analytics company, the DeFi lending protocol incurred a loss of around $7 million during the attack. A report by PeckShield revealed a hacker exploited the lending protocol by donating 200 WBTC to inflate hWBTC’s The post Hundred Finance Lending Protocol Loses $7M to Hack on Optimism appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.