Nov 17 2020

No one is safe: Ethereum DeFi protocol by PayPal co-founder exploited for $7.5m

published by Nick Chong
in blog CryptoSlate
original entryNo one is safe: Ethereum DeFi protocol by PayPal co-founder exploited for $7.5m

defi ethusd hacks

No one is safe from the ever-growing wave of decentralized finance (DeFi) exploits, not even prominent technologists and investors. Today, an up-and- coming DeFi protocol built on Ethereum by prominent Silicon Valley developers such as Yu Pan, a founding member of PayPal and the earliest Youtube employee, was attacked with a flash loan. This is the fifth flash loan attack of the past...

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