There is no end to the hacking events in the crypto money market.
Finally, in this context, a decentralized finance platform (DeFi) the one which… Tender.fi was hacked.
Tender.fi made a statement on its official Twitter account.We’re investigating the unusual amount of borrowing coming in through protocol – meanwhile, we’ve stopped all borrowing. Thank you for your patience.” said.
We are investigating an unusual amount of borrowings that came through the protocol- in the meantime, we have paused all borrowing. Thank you for your patience.
— Tender.fi (@tender_fi) March 7, 2023
Popular cryptocurrency analysis platform lookonchain In his post, a hacker only 1 GMX He said he had borrowed $1.59 million in assets by investing his token (worth $71).
Due to the misconfigured oracle of https://t.co/Hw715UqCeV, a white line “0x896d” borrowed ~$1.59M assets by depositing only 1 $GMX($71).
If you have deposited assets on https://t.co/Hw715UqCeV, please pay attention!https://t.co/XO3yQHwk3M pic.twitter.com/G96h2EC0Fm
— Lookonchain (@lookonchain) March 7, 2023
The platform’s native token after Tender.fi’s hack statement TNDfell by about 34%.
Mostly decentralized exchange UniswapTND traded on .
reclaiming some of its losses. TNDcontinues to trade at $2.24 at the time of writing.
*Not investment advice.
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