A Hacker Just Drained $500k in Ethereum & Altcoins From a DeFi App
Ethereum’s budding decentralized finance ecosystem has gone parabolic over recent weeks.
The value of cryptocurrencies locked in DeFi applications has skyrocketed to $1.65 billion, 65% higher than this metric was just 12 days ago. Simultaneously, the number of users leveraging applications like Compound, Maker, and Synthetix has skyrocketed.
Unfortunately, a purported hack just took place that…
