DeFi Lender bZx Suffers Hack for Reported 55M

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DeFi lender bZx suffered a hack for a reported $55 million, according to a tweet on Friday by the blockchain security firm SlowMist.

  • “#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted.
  • bZx responded in a tweet that a private key controlling the protocol’s deployment on Polygon and Binance Smart Chain was compromised.
  • bZx suffered three hacks last year, although it was able to recover $8 million in cryptocurrency from the third and largest of these attacks.



Source link Coin Desk

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