Hundred Finance, a decentralized finance (DeFi) multi-chain lending protocol powered by the veHND model, experienced a major security breach with its Optimism Layer 2 scaling solution.
The protocol, which integrates with Chainlink oracles to ensure market health and stability, announced It was revealed via their official Twitter account on Saturday, April 15th that they had been hacked, resulting in an estimated loss of US$7 million.
Hundred Finance too I got it We have sent messages to the hackers and are talking with various security teams to better understand the incident.
CertiK, a blockchain security firm investigating the incident, said the scope of the hack was: unclear at the time of writing.
This story is broken and we will update our readers as the latest information and developments come to light. Stay tuned to CryptoSlate for comprehensive coverage of this unfolding.
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