Browsing: Cybercrime

hundred-finance-loses-$7-million-in-optimism-hack

The attacker reportedly manipulated the exchange rate between ERC-20 tokens and hTOKENS to steal over $7 million from the protocol. Multichain lending protocol Hundred Finance has experienced a significant security breach on the Ethereum layer-2 blockchain Optimism. According to the protocol on Twitter, the losses sit at $7.4 million.Hundred Finance announced the exploit on April