Regulation

DeFi protocols just lost $83 million to an attack financial regulators already warned about

CryptoSlate2h agoUpdated 1h ago
DeFi protocols just lost $83 million to an attack financial regulators already warned about
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Malicious actors exposed two decentralized finance (DeFi) lenders to over $84 million in losses over four days, using variations of a price-manipulation strategy previously targeted by US regulators. The larger incident hit Tectonic on the Cronos blockchain, where security firm GoPlus estimated roughly $75 million was…

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