Earning farm was attacked by hackers.
Earning.farm, a yield machine for holders of Ethereum, Wrapped Bitcoin and USDC, is currently under attack.
Earning.farm Becomes the Target of Hackers
Web3 security provider Supremacy Inc. According to the statement made by the platform, the platform was hacked twice.
EFLeverVault, which stands out as an important element of Earning.farm DeFi design, has been the target of flash loan attacks. Due to a flaw in the contract, the hackers were able to withdraw all the ETH contained in the contract, which was designed to act as collateral.
As a result, a total of 750 ETH outputs were made from the protocol.
October saw an increase in attacks on DeFi protocols. On October 12, Solana-based liquidity protocol Mango was hacked that caused more than $100 million in losses.
The Mango community has agreed to pay the hacker a $47 million bug bounty. This is recorded as the biggest mistake bounty in crypto history.
