Just a week after its launch, the Vee.Finance landing platform based on the Avalanche blockchain lost $35 million as a result of a hacker attack.
Vee Finance tweeted this morning that the platform was the victim of an exploit. All services have been suspended for investigation.
By According to the team, the hackers managed to take possession of 213.93 WBTC and 8804.7 WETH worth about $35 million. However, they have not yet withdrawn the money from the platform, and the team is trying to contact the thief.
Vee Finance is an Avalanche-based DeFi lending protocol platform that integrates DeFi features such as Lend, Borrow and Swap. Just 5 days after the launch, the total value of locked assets on the platform exceeded $300 million.
The price of the Vee Finance VEE token fell by almost 30% after news of the hack.
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