• Tue. Nov 19th, 2024

Polter Finance’s Entire $12M TVL Wiped Out in Exploit

Nov 19, 2024

Polter Finance, a permissionless lending and borrowing platform on the Fantom blockchain, was exploited in an attack that wiped out the platform’s entire total value locked of $12 million.

Polter Finance informed its users of the attack in a Nov. 17 X post. The wallets involved have been identified and traced to Binance.

Polter contacted the attacker via an onchain message to negotiate terms for returning the stolen funds. The hacker has not responded at the time of writing.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


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[Source: TheDefiant]

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