DeFi platforms have been hacked 7 times in total, losing over $21 million to hackers throughout February. According to information published by DefiLlama.
fromAccording to DefiLlama, one of the biggest hacks in February was the Platypus Finance attack that lost $8.5 million.
DefiLlama has highlighted six more major hacks this month. The first was a price oracle attack on BonqDAO on Feb. 1.
On Feb 1, the Bonq protocol attacked Oracle. And this allows attackers to manipulate the price of tokens. AllianceBlock (ALBT) lost $1.7 million.
Later on February 2, the Orion Protocol was attacked and lost.about $3 million, Orion Protocol CEO Alexey Koloskov confirmed the attack at the time. and tell everyone to be sure “All users’ money is safe.”
The DeFi protocol dForce was another victim of the February attack. This resulted in a loss of approximately $3.65 million.
On February 16, the Platypus Finance protocol suffered an attack and resulted in $8.5 million being withdrawn from the protocol. And on February 23rd, the team announced that they are trying to return about 78% of the master fund.
A few days later, on February 20, Arbitrum Hope Finance fell victim to the attack. which stole about $2 million from users
The rest, Dexible, a multichain exchange aggregator, was stolen for $2 million and LaunchZone, a DeFi protocol on BNB Chain, was stolen for $700,000.
The post There were a total of 7 DeFi protocol hacks in February. And lost a combined $21 million appeared first on Bitcoin Addict.