CoinDesk - DeFi Lender Rari Capital/Fei Loses $80M in Hack

in blockchain •  3 years ago 

https://www.coindesk.com/business/2022/04/30/defi-lender-rari-capitalfei-loses-80m-in-hack/
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On Saturday morning, distributed finance (DeFi) platforms Rari Capital and Fei Protocol experienced a hack worth over $80 million.

According to a tweet by smart contract analysis firm Block Sec, a re-entry vulnerability in the Fuse Rari lending protocol was successfully exploited by hackers.

If the funds are returned, a $10 million prize was finally announced by Fei Protocol, which joined Rari late last year.

Beware putting your money in the blockchain, it can be hacked at any time!!

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