Ethereum DeFi protocol Hope Lend drained after exploit By Cointelegraph
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decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after a devastating hack.
According to multiple blockchain security firms, on Oct. 18, two individuals — a frontrunner who beat the original hacker after discovering the exploit and the original hacker themselves — stole a combined 526 Ether (ETH) from Hope Lend, worth $825,357 at the time of publication. “The successful attacker gained 264 ETH and paid a 263 ETH bribe to an ETH validator,” wrote CertiK.
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decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after a devastating hack.
According to multiple blockchain security firms, on Oct. 18, two individuals — a frontrunner who beat the original hacker after discovering the exploit and the original hacker themselves — stole a combined 526 Ether (ETH) from Hope Lend, worth $825,357 at the time of publication. “The successful attacker gained 264 ETH and paid a 263 ETH bribe to an ETH validator,” wrote CertiK.
Continue Reading on Cointelegraph
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