Blockchain security firm TenArmor reports an on-chain attack on the Ethereum protocol BackedFi, resulting in approximately $204,200 in asset losses.
Blockchain security firm TenArmor has detected an on-chain attack on the Ethereum-based protocol Backed (BackedFi), causing asset losses of approximately $204,200. Specific attack details remain undisclosed, but the incident highlights ongoing security risks in DeFi protocols.
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