Defi Hack News Today

"Im refunding you not because you can find me, its because I dont want to ruin your project, maybe its a lot of money for a lot of people, but not for me, Im smarter than all of you," the

"Euler has always been a security-minded project. The Euler smart contracts, including the vulnerable lines of code, were audited," Eluer Finance CEO said in a tweet following the $197 million hack.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

The Federal Reserve raises interest rates in the United States, Coinbase takes out a crypto-backed loan and BitMEX’s founders are fined $30 million.

ApeCoin pumps to new all-time high, Brazil and the Central African Republic make crypto moves and Mark Zuckerberg's Meta opens a metaverse store.

Blockchain.com is eyeing a 2022 IPO, Goldman Sachs and FTX to partner up and German banking giant Commerzbank is set for a crypto license.

Poly Network, the decentralised finance platform that suffered the breach just a day before, warned the hackers to surrender or they will be pursued by law enforcement in every country in the world.

Key Takeaways An attacker has targeted Bunny Finance using a flash loan to manipulate the price of BUNNY. After they sold the tokens, the price crashed 96%. The team says it is working on a reimbursement plan for holders affected. Incidents on Binance Smart Chain have multiplied in recent weeks, while users have expressed concern with the overall health of the network. Share this article An attacker used a flash loan to exploit the Binance Smart Chain yield aggregator Bunny Finance earlier t...