Stablecoin protocol Beanstalk suffered a security incident on Sunday, “resulting in a theft of about $76 million in non-Beanstalk user assets,” the company says. The attack has likely caused a total loss of $182 million for the company, security firm PeckShield says. Bad actors have laundered $80 million so far via Tornado Cash, a mixer that allows users to obfuscate their digital trail on the Ethereum blockchain. Bean is a US$ stablecoin pegged to a reserve asset such as the dollar or gold in a bid to offer stability.”]
Source: https://www.fraudtoday.io/stablecoin-protocol-beanstalk-loses-millions-in-attack-a-18918