Dog-Themed DeFi Project Mysteriously Loses Fundraised $60 Million

Dog-Themed DeFi Project Mysteriously Loses Fundraised $60 Million

A DeFi project that launched on Thursday had raised $60 million overnight during its token sale. However, the funds seem to have disappeared, and no one is sure exactly how. On Friday, investors woke up to the shocking news that their funds had disappeared. Around 13,556.36 ETH, which was worth $60 million at the time, was drained from AnubisDAO’s liquidity pool. Related Reading | DeFi Hack: Vee Finance Losses $35 Million To Hackers Following Mainnet Launch The project, AnubisDAO, was promoted as a fork of OlympusDAO — a cryptocurrency backed by the assets in its treasury. It was....


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Over $10 Billion Has Been Lost To DeFi Exploits In 2021

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Tethered Up: How Stablecoins Plan To Stay Stable

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IOST’s Highly-Anticipated Sumo-Themed DeFi Token $ZUNA Set to Launch December...

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BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

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DeFi Loses $678 Million To Hackers In Q2 2022, New Report Reveals

The cryptocurrency market has suffered greatly, particularly since Bitcoin had its worst quarter in 11 years. According to data releasedby Immunefi, a leading bug bounty and security services platform, the Decentralize Finance (DeFi) ecosystem lost $678 million, in the second quarter of 2022. Immunefi Says Loss Is x1.5 Of Q2 2021 DeFi, an emerging financial […]