BetterBank, a DeFi platform on PulseChain, suffered a $5 million loss due to an attack on August 27. The attacker has converted part of the stolen assets into 215 ETH, valued at approximately $983,000, which is currently held at the address 0xf3ba0d57129efd8111e14e78c674c7c10254acae. This incident underscores the persistent security challenges within the DeFi sector and the critical need for enhanced protective measures.
PulseChain's BetterBank Loses $5 Million in DeFi Attack
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.