Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull

Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull

In a tweet thread posted Dec. 25, the Defrost team said a first attack used a flash loan to drain funds out of its V2 product. A second larger attack used the owner key to exploit V1. The protocol, which offers leveraged trading on the Avalanche blockchain, didn’t say how much had been taken.

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