A hacker exploited a vulnerability in the CrediX DeFi protocol, resulting in the loss of 4.5 million USD. The stolen funds were bridged from Sonic to Ethereum, with CrediX promising full recovery within two days.
This breach draws attention to security risks in the DeFi space, emphasizing the need for robust protection in smart contracts and protocol operations. The event serves as a reminder of the potential dangers associated with unregulated financial systems.
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