Warp Finance lost almost $8 million in a DeFi attack
Defi-lending lending protocol Warp Finance lost $7.7 million worth of stablenecoins as a result of the attack. „The protocol was attacked using a sophisticated flash loan scheme that allowed a user to borrow an amount that exceeded the collateral, resulting in the loss of lenders‘ funds. The team is considering recovering the roughly $5.5 million […]