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DeFi Protocol Value DeFi is Attacked by Hackers Again

Amy Liu

Summary: The DeFi protocol Value DeFi has been hacked again after this Wednesday. IRON Finance, a part of the mortgage stablecoin project on the Binance Smart Chain, stated that Value DeFi was hacked, and some of IRON Finance's pools and products were attacked, and the STEEL LP tokens may be exhausted. However, since the STEEL pledged ...

The DeFi protocol Value DeFi has been hacked again after this Wednesday. IRON Finance, a part of the mortgage stablecoin project on the Binance Smart Chain, stated that Value DeFi was hacked, and some of IRON Finance's pools and products were attacked, and the STEEL LP tokens may be exhausted. However, since the STEEL pledged in Foundry (IronFinance) and the DND pledged in Castle (DiamondHand) are not stored in Value DeFi, they are not affected. The attack originated from a code vulnerability in Value DeFi's vSwap contract.

By Amy Liu

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