Defrost Finance, a protocol for decentralized financing, reported having been hacked on December 23. However, blockchain security company Peckshield, claiming community information, stated that the attack might be a robbery that earned $12 million. Defrost Finance Hacked in an Attack The Defrost team claimed in a Twitter thread from December 25 that the first attack on their V2 product used a flash loan to steal money out of the system. The owner key was employed to exploit V1 in a second, more significant assault. The Avalanche blockchain-based platform, which allows for leveraged trading, didn’t specify how much money had been The post Defrost Finance Breached in Attack, Some Suspect A Rug-Pull appeared first on Cryptoknowmics-Crypto News and Media Platform .
