Attackers swipe R1.2 billion from ethereum DeFi project Beanstalk in a flash-loan exploit - Business Insider South Africa

"Like all other investors in Beanstalk, we lost all of our deposited assets in the Silo, which was substantial," the founders said.

Cyber-attackers targeted ethereum-based stablecoin project Beanstalk Farms and made away with roughly $80 million (around R1.2 billion) in tokens in one of the largest flash-loan exploits ever.  As … [+1891 chars]

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