More than $16 million of user assets have disappeared from Indexed Finance's coffers. This is after a hacker took advantage of a vulnerability in the DeFi protocol's smart contract.

News

Indexed Finance Hacked, $16 Million Gone

•	Stake Steak becomes the latest victim of cyber-attacks on DeFi platforms
•	STEAK token price crashes by more than 90%
•	Price recovery unlikely for STEAK

Latest DeFi Exploit On Stake Steak Protocol Sends The Token Plunging By 93%

•	White hat Hacker Alexander Schlindwein brought to light a $10-milion bug issue
•	The hacker was paid a total of $1.05M in compensation
•	Immunefi contributed $1 million to the bounty

Belt Finance paid DeFi’s largest reported bounty fee

•	The number of DeFi attacks continues to rise
•	Vee Finance loses $35 million to hackers
•	Vee finance becomes the most recent protocol on Avalanche to be attacked
•	The AVAX token continues to rise in value despite network attacks


Vee Finance Loses Millions Days After Mainnet Launch

•	Vee finance gets exploited for $35M
•	Vee Finance team has suspended platform contracts, deposit, and borrow functions
•	The attack comes a day after Vee Finance announced a $300 million TVL

Avalanche’s Vee Finance Hacked And $35 Million Lost

•	pNetwork loses more than 277 pBTC in the latest DeFi hack
•	The network confirmed the hack through its social media pages
•	pNetwork offers 11.5% as a reward if the hacker returns the tokens
•	PNT price plunges by 18% in 24hrs after hack

Over $12 Million Stolen From The Latest DeFi Hack Targeting BSC-based pNetwork

•	Sushi Swap’s MISO launchpad hacked
•	An Auction was hijacked via a supply chain attack
•	The attackers funneled 864.8 ETH, equivalent to $3 million
•	Binance working with SushiSwap to investigate the theft

SushiSwap Cryptocurrency Launchpad Miso hit by $3 million supply chain attack

•	NowSwap loses over $1 million in tokens in its first-ever hack
•	The attackers stole $535,000 USDT and 158 WETH
•	The hackers used an Invalid “K” value check in NowSwap’s pair contract to hack it.
•	The USDTs were swapped into ETH via 1inch.