Tag: Exactly Protocol

  • DeFi project Exactly Protocol was subjected to a $12 million hack

    DeFi project Exactly Protocol was subjected to a $12 million hack

    The decentralized crypto lending platform, Exactly Protocol, experienced a significant security breach today that resulted in the loss of approximately $12 million worth of ETH. This incident was attributed to an exploit that leveraged optimism and decentralized mechanisms. Security experts from De.Fi revealed that the attacker employed a clever contract on the Ethereum network, which…