Term Labs loses $8.5 million after attacker exploits Ethereum vault governance

🚨 Term Labs lost $8.5 million after a governance exploit in its Ethereum vaults.
🔒 The attacker seized 2,843 ETH and 1.6 million DAI by taking control of protocol governance.
📝 Similar governance-related attacks hit BonkDAO and TOP protocol this year.
💡 Governance in $ETH protocols faces rising security risks from low participation.

Continue Reading:Term Labs loses $8.5 million after attacker exploits Ethereum vault governance

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