On December 19, decentralized finance platform Grim Finance lost $30 million.
On Twitter, representatives of Grim Finance confirmed the hacking of the wallet and reported that the hacker used a re-entry exploit.
The platform calls on all users to immediately withdraw funds and cannot yet guarantee their safety, since the wallet is still compromised.
All transactions on the platform, except for withdrawal, suspended until the threat is eliminated.
It is known that the hacker has already laundered funds by transferring stablecoins. The Grim Finance team immediately reported the address of the hackers to Circle (USDC), DAI and AnySwap.
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