A recent hack on the algorithmic stablecoin project Beanstalk was much larger than first reported, according to a Friday (April 22) Wall Street Journal story. Initial reports over the weekend said the hackers stole $76 million, but the Journal report, citing a blog post from...
Beanstalk, an Ethereum decentralized finance (DeFi) protocol, has been hit with a hack and lost $76 million, a report said. The report noted that the attacker made use of a flash loan exploit, draining the protocol’s funds early Sunday (April 17) morning. The attacker proceeded...
April 22, 2022
A recent hack on the algorithmic stablecoin project Beanstalk was much larger than first reported, according to a Friday (April 22) Wall Street Journal story. Initial reports over the weekend said the hackers stole $76 million, but the Journal report, citing a blog post from the project, said the hackers drained Beanstalk of $182 million […]
April 17, 2022
Beanstalk, an Ethereum decentralized finance (DeFi) protocol, has been hit with a hack and lost $76 million, a report said. The report noted that the attacker made use of a...
