Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: codehash on December 03, 2021, 02:38:19 AM
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A disappointing week of exploits has put a temporary grim cloud over the end of 2021, with BadgerDAO and Huobi-listed MonoX suffering major losses.
More than $150 million has been lost this week in separate security breaches at DeFi projects MonoX and BadgerDAO.
Multi-chain decentralized exchange (DEX) MonoX (MONO) suffered a cyber attack on Nov. 30 leading to about $31 million in losses. BadgerDAO (BADGER) suffered a front-end attack that was discovered on Dec. 2 with estimates of Badger’s losses hitting more than $120 million.
https://cointelegraph.com/news/defi-disasters-31m-drained-from-monox-and-badgerdao-losses-top-120m