DeFi Lender bZx Suffers Hack for Reported 55M
DeFi
www.coindesk.com
05 November 2021 16:26, UTC
Reading time: ~2 m
DeFi lender bZx suffered a hack for a reported $55 million, according to a tweet on Friday by the blockchain security firm SlowMist.
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“#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted.
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bZx responded in a tweet that a private key controlling the protocol’s deployment on Polygon and Binance Smart Chain was compromised.
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bZx suffered three hacks last year, although it was able to recover $8 million in cryptocurrency from the third and largest of these attacks.
DISCLOSURE
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