Deus Finance, a decentralized finance (DeFi) protocol, has lost over $6 million due to a security breach on its stablecoin DEI. The hacker exploited a vulnerability in the BNB Smart Chain and the Arbitrum network, with CoinMarketCap data showing the DEI price dropping 30% following the security incident. This is not the first time that Deus Finance has been hacked, as the protocol was exploited in March 2022 in a flash-loan attack.
– Deus Finance has lost over $6 million due to a security breach on its stablecoin DEI.
– The hacker exploited a vulnerability in the BNB Smart Chain and the Arbitrum network.
– The DEI price dropped 30% following the security incident.
– Deus Finance was previously hacked in March 2022 in a flash-loan attack.