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Reading: Another Hack News in the Crypto Ecosystem: Millions of Dollars Lost in Optimism-based DeFi Protocol!
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COINTURK NEWS > Cryptocurrency Security > Another Hack News in the Crypto Ecosystem: Millions of Dollars Lost in Optimism-based DeFi Protocol!
Cryptocurrency Security

Another Hack News in the Crypto Ecosystem: Millions of Dollars Lost in Optimism-based DeFi Protocol!

In Brief

  • PeckShield Inc, a blockchain security and data analysis company, reported on its Twitter account that the decentralized finance protocol Exactly Protocol, based on the Optimism Layer-2, was subjected to a cyber attack. Although the exact amount is unknown, it is estimated that more than 7100 ETH worth an average of 12 million dollars were seized […]
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PeckShield Inc, a blockchain security and data analysis company, reported on its Twitter account that the decentralized finance protocol Exactly Protocol, based on the Optimism Layer-2, was subjected to a cyber attack. Although the exact amount is unknown, it is estimated that more than 7100 ETH worth an average of 12 million dollars were seized from the protocol. The TVL amount of the protocol experienced a decrease of over 70% in the last 24 hours.

Contents
Another Hack News in the DeFi EcosystemClaimed to Have Seized More Than 7000 ETH

Another Hack News in the DeFi Ecosystem

The wider use of blockchain technology and the growing popularity of cryptocurrencies worldwide in recent years have led to an increase in security issues in the crypto ecosystem. Especially in recent times, many decentralized finance (DeFi) protocols have suffered significant losses due to cyber attacks.

Several recent reports have highlighted the increasing security issues in the crypto ecosystem and significant increases in the number of cyber attacks on protocols. Meanwhile, another hack news has been reported in the DeFi ecosystem, as stated by PeckShield. It is claimed that over 7100 ETH were seized from the DeFi protocol named Exactly.

Claimed to Have Seized More Than 7000 ETH

PeckShield Inc, a blockchain security and data analysis company, warned about the cyber attack in a post on their official Twitter account. According to PeckShield, the DeFi protocol Exactly Protocol, operating on the Optimism Layer-2 network, was subjected to a cyber attack. Initially, it was believed that there was a loss of 4300 ETH in the protocol. However, although the exact amount is unknown, it is claimed that over 7100 ETH worth an average of 12 million dollars were seized from the protocol.

The native cryptocurrency of the Exactly protocol, EXA, experienced double-digit value losses within hours. According to DeFiLlama data, the TVL amount of the Exactly Protocol declined by over 70% to $10.25 million.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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