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Gamma Protocol recently witnessed an exploit of $3.4 Million.
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Gamma Strategies Ethereum-based asset management protocol trying to negotiate with hackers.
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Gamma native token dropped by 50% after the incident occurred.
The crypto industry has witnessed another Hacker attack. The DeFi protocol Gamma Strategies recently suffered an exploit of over $3.4 Million where attackers drained out 211.9 Ether
The attack was first discovered by the blockchain investigator PeckShield on January 4 and in the investigation, they found that it involved Gamma Strategies.
Afterward, the decentralized finance protocol confirmed the incident on the social media platform X. However they confirmed to their users that they could draw back their funds any time they needed.
Source: X
As per the post of Peckshield, a blockchain security firm, the hackers exploit the vulnerabilities in its Ethereum-based liquidity vaults and withdraw more funds than they deposi
We współpracy z: https://www.thecoinrepublic.com/2024/01/05/gamma-strategies-suffers-3-4-million-exploit-drained-ether/
