DeFi hack attack: Three exploits snatch $11M in a single day

What happened

Crypto and DeFi projects continue to be hacked at a dizzying pace, and few days in recent weeks have been incident-free. In one particularly hectic day, DeFi projects Payy Network, Duelbits, and Meter lost $1.8M, $7M, and $2.3M respectively.

The post DeFi hack attack: Three exploits snatch $11M in a single day appeared first on Protos . That said, Thursday was a particularly busy day, with three projects hit for a total of more than $11 million worth of crypto.

Payy Network The bridge connecting Payy Network, a rollup which offers on-chain payroll/treasury services, and Ethereum was first to be hit. Pseudonymous on-chain investigator Specter first flagged suspicious withdrawals in a message to its Telegram group. A seemingly never ending stream of DeFi hacks continues with a particularly busy day in which three projects lose $11M.