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Ethereum World News 2022-04-17 13:39:41

Beanstalk DAO Allegedly Suffers Flash Loan DeFi Exploit Worth $75M

Quick summary: Beanstalk DAO has reportedly been exploited for $75 million through a flash loan The exploiter made a proposal to ‘Give 250k Bean to Ukrain’ kick-starting the exploit The team at PeckShiled Inc has notified the team at Beanstalk The exploiter has already started transferring some of the Ethereum to Tornado Cash The DeFi industry is potentially facing a new exploit less than a month after the $625 million hack on Axie Infinity. According to crypto-twitter member @0revenue, Beanstalk […]

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