DeFi protocol Beanstalk loses $180M in exploit, hacker gains $80M

DeFi protocol Beanstalk Farms lost over $180 million to malicious players due to an exploit on April 17 that allowed a hacker to pass a governance proposal. The Ethereum-based stablecoin protocol’s exploit left several tokens missing and saw its U.S. dollar-pegged stablecoin drop below the $1 mark. Beanstalk suffered an exploit today. The Beanstalk Farms … Read more