Deus Finance announced that the attackers had made off 3million USDC, with the damage being suspected to be higher than the reported value.
The CEO of the platform has come out pledging that he will reimburse everyone who was affected by the attack and create a new contract for users to repay their loans.
Yet another decentralized finance (DeFi) platform has fallen victim to an exploit. This time, it’s Deus Finance, a multichain crypto derivatives platform that lost $3 million in DAI and Ether to an attack. According to one cybersecurity firm, the damage could be much higher.
1/ @deusdao Deus Finance was exploited in https://t.co/bfYCQcz5rZ, leading to the gain of ~$3M for the hacker (The protocol loss may be larger), including 200,000 DAI and 1101.8 ETH
— PeckShield Inc. (@peckshield) March 15, 2022
Deus Finance is a DeFi platform that provides the infrastructure upon which others can create financial instruments such as options and futures trading as well as synthetic tradin
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