DeFi bubble and the Hacks

After another DeFI bubble exploded couple of days ago the next big hack is taking a step to normalize the hype. $24million have been stolen from DeFI platform #Harvest

They used the extracted funds to exchange into renBTC a stablecoin backed by bitcoin and exit into bitcoin.

Harvest’s hack comes just six weeks after an attacker made off with $8.1 million in bitcoin from another defi protocol, Bzx. However, Bzx managed to recover the funds.

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