BNB$676.86-1.31%BRENT$92.78-1.71%BTC$77,711-1.93%COPPER$6.59+0.11%DJI$53,277+0.98%DOGE$0.0841-1.44%DXY98.89+0.09%ETH$2,396-1.99%GOLD$4,644+0.80%NDX$29,309+0.33%SILVER$69.07+0.18%SOL$91.24-2.07%SPX$7,674+0.43%US10Y4.74+0.89%VIX15.13+0.00%BNB$676.86-1.31%BRENT$92.78-1.71%BTC$77,711-1.93%COPPER$6.59+0.11%DJI$53,277+0.98%DOGE$0.0841-1.44%DXY98.89+0.09%ETH$2,396-1.99%GOLD$4,644+0.80%NDX$29,309+0.33%SILVER$69.07+0.18%SOL$91.24-2.07%SPX$7,674+0.43%US10Y4.74+0.89%VIX15.13+0.00%
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·Confidence 90%

Term Finance Suffers $8.5M Loss from Governance Attack

Key takeaways

  • Term Finance lost $8.5 million after an attacker exploited governance vulnerabilities, purchasing voting power for only 2 ETH, raising concerns in DeFi
#DeFi#Governance#Security

Analysis

Term Finance lost $8.5 million after an attacker exploited governance vulnerabilities, purchasing voting power for only 2 ETH, raising concerns in DeFi

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