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DeFi Protocol b14g Reports 97 Million CORE Tokens Drained in Exploit

(3 hours ago) · 1 source · Summarized by CryptoBipto

b14g, a DeFi protocol, has reported that 97 million CORE tokens were drained from its contracts. The project has paused its smart contracts in response to the incident. Details about the attack method and the current value of the drained tokens remain limited.

WHY IT MATTERS

In decentralized finance (DeFi), users deposit cryptocurrency into smart contracts — self-executing programs on a blockchain — to earn rewards or use financial services.

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SOURCES

  • thedefiant.io

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