A $292M Hack Created $200M In Bad Debt On Aave: Here Is What That Means For Users

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Aave has shed more than 23% of its value since Friday, and the protocol that bills itself as DeFi’s most trusted lender is now managing the fallout from one of the most disruptive exploits in its history — even though its own code was never touched. Related Reading: XRP Just Settled $291 Million On-Chain, Almost Nothing Hit Binance: Find Out What’s Happening The attack unfolded through a bridge vulnerability rather than a flaw in Aave itself.

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Telemac
Telemachttp://cryptoinfo.ch
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