Days in Operation:
DeFi lending protocol Lendf.Me was hacked and more than $25M was taken. According to investigators, hackers appear to have chained together bugs and legitimate features from different blockchain technologies to orchestrate a sophisticated "reentrancy attack." Reentrancy attacks allow hackers to withdraw funds repeatedly, in a loop, before the original transaction is approved or declined. However, as of April 21, all the funds ($23.8M) were returned after they accidentally leaked an IP address during the attack. The funds were returned after Lendf.me and the dForce Foundation negotiated with the hackers using blockchain transactions. Loss was due to loss in value and transaction fees due to the event.
DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose.
Under no circumstances, shall web3rekt be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the data and information derived from this database.