- The criminal stole coins for $ 6.3 million
- But I didn’t have time to rejoice at the catch – and here’s why
The DEUS Finance DeFi protocol lost more than $6 million on May 5 due to an exploit in the security system of the DEI stablecoin. According to PeckShield, the hacker exploited BNB Smart Chain ($1.3M) and Arbitrum ($5M) vulnerabilities.
The DEUS team confirmed the attack. Over the weekend, they suspended all smart contracts and burned DEI tokens to prevent further damage.
The so-called “white hat hackers” from Paladin Blockchain Security came to the aid of the platform. They were able to initially return $100,000. Some of the funds were recovered by their colleagues from other cybersecurity teams. And then the criminal himself agreed to send the rest of the stolen assets. He transferred 2023 ETH worth almost $4 million, for a total of almost $6 million in return.
DEUS has confirmed this information. And commentators leave admiring reviews for professionals:
It is noteworthy that in March 2022, DEUS Finance was already the victim of a flash loan attack, due to which it lost more than $3 million in DAI and ETH.
Last week, an anonymous hacker exposed 986 FSB and GRU bitcoin wallets.