Deus Finance Another Hacker Attack: $13.4 Million Stolen

Deus Finance, a decentralized finance (DeFi) app, has been hacked for the second time in less than two months. It was discovered that $13.4 million in cryptocurrency had been lost to the hacker attack.

Deus Finance Another Hacker Attack: $13.4 Million Stolen. The decentralized finance application Deus Finance has been the target of cyberattacks. The increase in attacks in this area is linked with the growth of the Defi sector. According to the latest information, DeFi protocol Deus Finance has been the victim of another attack, this time costing more than 13 million dollars. It was reported that the undetected hacker managed to steal $13.4 million worth of digital assets. However, blockchain analytics company PeckShield has warned that protocol losses could be higher. [embed]https://twitter.com/peckshield/status/1519530463337250817?s=20&t=yUPHWyWOzSb0_cUyaU3LzQ[/embed] According to a statement by PeckShield, the attack used a method to trick Deus' smart contracts into reading data from the platform's liquidity pools. This allowed the attacker to artificially show the value of some assets, borrow money and make a profit after repaying the loan.   Source: Donanım News