$3.8M DEUS Recovered from $6M Stablecoin Hack
12M ago•
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- DEUS Finance has suffered a hack due to a vulnerability in DEI stablecoin.
- Significant progress has been made in the recovery efforts.
- Uncertainty remains as to whether the rest of the missing funds will be recovered.
DEUS Finance, a DeFi protocol, recently fell victim to a hack that resulted in the loss of more than $6 million. The attacker exploited a vulnerability in DEUS Finance's own stablecoin, DEI, on both the BNB Smart Chain and Arbitrum networks. However, there is some good news - a significant portion of the stolen funds have been recovered.
According to blockchain security company PeckShield, the attack on the BNB Smart Chain network exploited...
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12M ago•
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