DeFi exploitation season returns in full force with a $24M heist

DeFi ProtocolsOctober 26, 2020, 7:40AM EDT
UPDATED: March 9, 2022, 5:03PM EST
DeFi exploitation season returns in full force with a $24M heist
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Harvest Finance, a DeFi yield aggregator created by anonymous developers, was exploited Monday morning UTC time, and the hacker was able to take out $24 million in profit. 

This comes after a handful of exploits that targeted the nascent DeFi ecosystem this year. In February, $1 million in profit was taken by attackers who creatively exploited lending protocol bZx. 

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