DeFi Platform Raft Exploited, However Hackers Doubtless Misplaced ETH
The decentralized finance (DeFi) platform Raft has quickly halted the minting of its stablecoin, R, citing the detection of a “safety vulnerability.”
Analyzing the chain, the hacker drained 1,577 ETH from Raft then burned 1,570 ETH. This destroyed a lot of the stolen belongings whereas leaving 7 ETH behind. The hacker’s pockets had acquired 18 ETH earlier than the assault through Twister Money, prone to fund transactions.
After shifting funds and paying charges, the hacker was left with simply 14 ETH – lower than their 18 ETH beginning stability. So all of it resulted in a 4 ETH loss.
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