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Team Finance Suffers Hack

Owing to a malicious hack, $15.8 million worth of tokens from the protocol were stolen from Team Finance. A DeFi platform called Team Finance helps other projects in locking in their liquidity. Four projects—CAW (A Hunters Dream), Dejitaru Tsuka, Kondux, and Feg—were impacted by the attack.

PeckShield observed that the attacker launched the assault using 1.76 ether ($2,700). The exploit’s earnings, which total $6.43 million in DAI stablecoin and 880 ETH ($1.36 million), are still in the attacker’s wallet address.


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