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“Stop Using Vaults": A DeFi Founder's Blunt Take, On Term Finance Exploit

Covered by 1 source · 1 article

An attacker spent just nine hundred fifty-one dollars to seize enough voting power to drain $8.5 million out of a lending protocol this weekend. Not a zero-day exploit. Not months of reconnaissance. Just a small purchase of governance token…

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“Stop Using Vaults": A DeFi Founder's Blunt Take, On Term Finance Exploit
NullTX 3h ago

“Stop Using Vaults": A DeFi Founder's Blunt Take, On Term Finance Exploit

An attacker spent just nine hundred fifty-one dollars to seize enough voting power to drain $8.5 million out of a lending protocol this weekend. Not a zero-day exploit. Not months of reconnaissance. Just a small purchase of governance token…