Beanstalk hack highlights the dangers of a malicious governance proposal

On April 17th, Beanstalk Farms, an Ethereum-based Defi system, was hacked to the tune of $182 million. PeckShield, a blockchain security startup, was the first to notice the robbery and estimated that the attacker took at least $80 million in cryptocurrency, however, the protocol’s losses were significantly higher. On its Discord server, Beanstalk provided a ... Read more