🌋 Two DeFi Platforms Compromised in Hack

posted  29 Nov 2023
Photo - Two DeFi Platforms Compromised in Hack
Aerodrome and Velodrome simultaneously announced on social network X that their interfaces had been compromised. Users are currently being cautioned to refrain from using these platforms while investigations are underway.
Aerodrome is a Velodrome initiative, developed on the Base blockchain, and is renowned for its automated market maker (AMM) system. Both entities hold a significant Total Value Locked (TVL), with over $60 million and $130 million respectively, as per DefiLlama.