Updated on 2022-10-28
DeFi lockup protocol Team Finance confirmed suffering a security incident wherein the hackers abused a vulnerability and stole $14.5 million in cryptocurrency. Read more: DeFi platform robbed of nearly $15 million in hack
Overview: Team Finance hack
DeFi platform Team Finance confirmed on Twitter on Thursday that a hacker exploited a platform migration feature and stole roughly $14.5 million worth of cryptocurrency from its wallets.
