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Inside DeFi 002: 🎭 Good and bad news for security, plus two very ugly charts
This week saw a near-miss for DeFi lender HypurrFi and recovered funds for Makina, while Circle and Certik don’t make the best impression.
This week saw a near-miss for DeFi lender HypurrFi and recovered funds for Makina, while Circle and Certik don’t make the best impression.
Of a total of $17 million stolen from victim addresses, $3 million in USDC is yet to be frozen by issuer Circle.
Inside DeFi looks at the uptick in DeFi exploits, an all-time high for Ethereum transactions, and World Liberty Finance’s governance vote.
The root cause behind the hack remains unclear. Around $6M in ETH and $850K of YieldFi assets sit in the hacker’s ETH address.
A flash loan attack allowed a hacker to manipulate the DUSD pool on Curve Finance. Another, smaller hack hit SynapLogic four hours earlier.