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Term Finance closes Meta Vaults after estimated $8.5M attack

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Term Finance has permanently closed its Meta Vaults and removed their DAO governance powers after an attacker drained an estimated $8.5 million in ETH and stablecoins. Term Finance permanently blocks Meta Vault deposits Term Labs said in an…

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Term Finance closes Meta Vaults after estimated $8.5M attack
Crypto.news 1h ago

Term Finance closes Meta Vaults after estimated $8.5M attack

Term Finance has permanently closed its Meta Vaults and removed their DAO governance powers after an attacker drained an estimated $8.5 million in ETH and stablecoins. Term Finance permanently blocks Meta Vault deposits Term Labs said in an…