$3 Million in DAI and ETH Stolen From Deus Finance in the Latest DeFi Hack


Deus Finance was exploited, in keeping with information from PeckShield, with the attacker swiping round $3 million in DAI and Ethereum (ETH). The blockchain safety firm defined that the hack was as a result of a flash-loan manipulation of a value oracle.

PeckShield took it to Twitter on March 15 to stipulate the newest hack within the decentralized finance business. This time, it was towards Deus Finance – a multi-token DeFi market permitting clients to construct artificial shares, buying and selling platforms, and different devices.
The safety useful resource attributed the assault to a “flash-loan-assisted manipulation of value oracle that reads the worth from the pair of StableV1 AMM – USDC/DEI, in order that even regular customers, sadly, grow to be bancrupt!”
The agency mentioned the hacker stole 200,000 DAO and 1101.8 ETH – or round $3 million value of digital property. Nevertheless, it warned that the losses for Deus Finance could possibly be even worse.
PeckShield additionally knowledgeable that the perpetrator funneled the funds to the cryptocurrency mixer TornadoCash by way of Multichain (beforehand Anyswap).

Shortly after, the crew behind Deus Finance confirmed the studies concerning the exploit on Twitter. They defined that the DEI lending contract has been closed, and “each DEUS and DEI are unaffected.” The crew additionally promised to offer updates because it goes on with its investigation.

SPECIAL OFFER (Sponsored)
Binance Free $100 (Unique): Use this hyperlink to register and obtain $100 free and 10% off charges on Binance Futures first month (phrases).

PrimeXBT Particular Provide: Use this hyperlink to register & enter POTATO50 code to obtain as much as $7,000 in your deposits.





Source link

Comments are closed.

bitcoin
Bitcoin (BTC) $ 23,593.32
ethereum
Ethereum (ETH) $ 1,744.33
tether
Tether (USDT) $ 1.01
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 319.82
xrp
XRP (XRP) $ 0.374667
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.523659
solana
Solana (SOL) $ 41.81
polkadot
Polkadot (DOT) $ 8.98
dogecoin
Dogecoin (DOGE) $ 0.071793
avalanche-2
Avalanche (AVAX) $ 27.46
staked-ether
Lido Staked Ether (STETH) $ 1,690.64
shiba-inu
Shiba Inu (SHIB) $ 0.000012
dai
Dai (DAI) $ 1.01
matic-network
Polygon (MATIC) $ 0.907143
tron
TRON (TRX) $ 0.069903
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 23,624.33
ethereum-classic
Ethereum Classic (ETC) $ 36.69
okb
OKB (OKB) $ 18.21
leo-token
LEO Token (LEO) $ 4.79
litecoin
Litecoin (LTC) $ 62.11
ftx-token
FTX (FTT) $ 30.84
near
NEAR Protocol (NEAR) $ 5.30
uniswap
Uniswap (UNI) $ 8.70
chainlink
Chainlink (LINK) $ 8.52
crypto-com-chain
Cronos (CRO) $ 0.149139
cosmos
Cosmos Hub (ATOM) $ 11.56
stellar
Stellar (XLM) $ 0.124983
flow
Flow (FLOW) $ 2.94
monero
Monero (XMR) $ 165.15
bitcoin-cash
Bitcoin Cash (BCH) $ 139.65
algorand
Algorand (ALGO) $ 0.355874
vechain
VeChain (VET) $ 0.031108
apecoin
ApeCoin (APE) $ 7.14
filecoin
Filecoin (FIL) $ 8.41
internet-computer
Internet Computer (ICP) $ 7.98
decentraland
Decentraland (MANA) $ 1.06
chain-2
Chain (XCN) $ 0.088538
hedera-hashgraph
Hedera (HBAR) $ 0.078584
the-sandbox
The Sandbox (SAND) $ 1.33
tezos
Tezos (XTZ) $ 1.86
quant-network
Quant (QNT) $ 122.43
axie-infinity
Axie Infinity (AXS) $ 18.14
theta-token
Theta Network (THETA) $ 1.57
elrond-erd-2
Elrond (EGLD) $ 63.86
frax
Frax (FRAX) $ 0.997138
aave
Aave (AAVE) $ 100.46
eos
EOS (EOS) $ 1.23
lido-dao
Lido DAO (LDO) $ 2.23
Shares