Hackers just tapped China’s dForce for $25 million in Ethereum exploit

Read the original article: Hackers just tapped China’s dForce for $25 million in Ethereum exploit


Posted by InfoSec News on Apr 20

https://decrypt.co/26033/dforce-lendfme-defi-hack-25m

By Andrew Hayward and Robert Stevens
Decrypt.co
April 19, 2020

DForce, a Chinese decentralized finance protocol, today lost $25 million
worth of its customers’ cryptocurrency due to a well-known exploit of an
Ethereum token.

On Tuesday, dForce announced that it had secured $1.5 million in a seed
round led by crypto VC fund Multicoin Capital.

The money was drained this morning from the…


Read the original article: Hackers just tapped China’s dForce for $25 million in Ethereum exploit