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A $10 Million ‘Bounty’ for an $80 Million DeFi Attack

Decentralized finance platform Fei Protocol has offered a $10 million bounty to hackers who stole the funds stolen from its recently merged decentralized autonomous organization partner Rari Capital. The funds, it says, were stolen from Rari Fuse, a customizable, open interest rate protocol that allows users to lend and borrow digital assets. BlockSec CTO Lei Wu says this may be the “biggest ever loss in terms of value” Security experts do not condone the DeFi platforms’ move to offer the hackers a bounty.”]

Source: https://www.cuinfosecurity.com/10-million-bounty-for-80-million-defi-attack-a-19005

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