Major DeFi Hacks Lead to $10 Million in Losses

This week, the world of decentralized finance (DeFi) saw major hacks resulting in losses of over $10 million:

Bedrock: Lost $2M Due to Smart Contract Bug.

Truflation: $5 million lost to malware.

Onyx: Lost $3.8M due to exploiting a vulnerability in Compound V2 code.

These incidents point to the need to strengthen the security of DeFi platforms to protect users.