News/Hundred Finance Hacked, Loses about $7 Million

Hundred Finance Hacked, Loses about $7 Million

Apr 16,2023,11:11

According to PeckShield, the cross-chain lending protocol Hundred Finance was hacked and lost about $7 million. The root cause appears the attacker donated 200 WBTC to inflate the exchange rate of hWBTC and subsequently drained current lending pools with a small amount of hWBTC. Hundred Finance's team hopes to contact the hacker and find a joint solution to resolve this matter. 

According to TokenInsight data, the $HND price dropped 50.41% in 24 hours, trading at $0.021659 now.

Source
Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
LastBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETHBhutan's Sovereign Wealth Fund investing in $BTC and $ETH
NextMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT SpaceMachi Big Brother Tweeted He is out of the NFT Space
Share
NewsMore
    Loading...