According to blockchain security firm PeckShield, the malicious actor managed to drain approximately 2,843 Ether (ETH)—which carried a valuation of roughly $6.87 million at the […]
Tag: finance
Decentralized Lending Protocol Term Finance Suffers $8.5 Million Loss After Governance Exploit
Decentralized lending protocol Term Finance has suffered an estimated $8.5 million loss following a malicious exploit targeting the governance control mechanisms of its strategy vaults, […]
Decentralized Lending Protocol Term Finance Suffers $8.5 Million Loss After Governance Exploit
Decentralized lending protocol Term Finance has suffered an estimated $8.5 million loss following a malicious exploit targeting the governance control mechanisms of its strategy vaults, […]
Institutional Adoption of Tokenized Assets Accelerates as Traditional Finance Shifts Onchain
Financial institutions are increasingly accelerating their migration toward an onchain future through targeted tokenization initiatives. According to industry leaders, these blockchain-based approaches provide access to […]
Hyundai Motor Breaks New Ground in Corporate Finance with USDT Cross-Border Treasury Pilot on Avalanche
Automotive giant Hyundai Motor has taken a significant step toward modernizing its international financial operations, successfully completing a pilot cross-border treasury transfer using Tether’s USDT […]
Term Finance loses estimated $8.5M in vault governance exploit
On Sunday, prominent blockchain security and data analytics firm PeckShield reported that the malicious actor drained approximately 2,843 Ether (ETH)—which was valued at roughly $6.87 […]
Decentralized Lending Protocol Term Finance Suffers $8.5 Million Loss After Governance Exploit
Decentralized lending protocol Term Finance has suffered an estimated $8.5 million loss following a sophisticated security incident in which an attacker successfully exploited governance controls […]
Term Finance Suffers $8.5 Million Loss Following Strategy Vault Governance Attack
Decentralized lending protocol Term Finance has suffered a major security breach resulting in an estimated $8.5 million loss after an attacker successfully exploited governance control […]
Decentralized Lending Protocol Term Finance Suffers $8.5M Exploit Via Strategy Vaults Governance Control
Decentralized lending protocol Term Finance has fallen victim to a major security breach, suffering an estimated $8.5 million loss after an attacker successfully exploited governance […]
Hyperliquid RWA Trading Volume Surpasses Crypto Perps in Landmark Milestone for Decentralized Finance
In a striking milestone that underscores the rapid convergence of traditional finance and decentralized applications, the perpetual decentralized exchange (DEX) Hyperliquid has recorded a historic […]