Post by: newshunter on June 01, 2021, 01:00:39 PM
Another day, another BSC DeFi protocol gets hacked.
Source: Belt Finance loses millions in latest BSC-based DeFi exploit (https://cointelegraph.com/news/belt-finance-loses-millions-in-latest-bsc-based-defi-exploit)
Would appreciate your opinion about this
Post by: TomPluz on June 01, 2021, 03:43:42 PM
I am counting but I think this similar story has had been going around with many victims of the said exploit happening in many platforms under the BSC umbrella. I am not wondering if soon incidents like this can be the proverbial Achilles' hell of Binance Smart Chain. I am a big fan of BSC as I hate the unbelievable gas fees of Ethereum but a sad story like this is a good reminder to us of the many risks involved with many DeFi projects.