$3.8M DEUS Recovered from $6M Stablecoin Hack

• 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...

Continue reading on DailyCoin.