Term Finance: Hostile Governance Takeover Sparks Significant $8.5M Loss
Covered by 1 source · 1 article
TL;DR Term Finance lost approximately $8.5M after an attack in which an external actor acquired majority control of its governance token. The attacker stole 2,843 ETH and 1.68 million USDC, equivalent to 68% of the assets deposited in the p…
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