‘Unlucky’: Agave and Hundred Finance DeFi protocols exploited for $11M
Agave and Hundred Finance have paused operations whilst investigations continue into the exploit. A hacker has made off with approximately $11 million in Wrapped ETH, Wrapped BTC, Chainlink, USDC, Gnosis, and Wrapped XDAI after using a “re-entrancy” attack on DeFi lending protocol applications Agave and Hundred Finance.The attack comes within 24 hours of news breaking of the Deus Finance exploit, where hackers stole over $3 million in Dai and Ethereum from the lending contract platform.Agave’s token, AGVE, dropped by 20 per cent following the attack, according to data from CoinGecko.....
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Defi Protocols Shed Considerable Value
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