An intruder hacked into Deus Finance and stole $13.4 million

Deus Finance was hacked for the second time in two months. The first time, attackers stole $3 million.
An intruder hacked into Deus Finance and stole $13.4 million

Over $13.4 million worth of cryptocurrency was stolen from the decentralized Deus Finance app. This was reported by cybersecurity experts PeckShield. Informa​tion from catalogue cryptodefix. The hacker managed to artificially inflate the value of some assets, borrow funds within the protocol and make a profit after repayment of the loan.

The Deus Finance platform allows users to engage in lending, futures and options trading. The hacker borrowed $143 million and was able to withdraw $13.4 million; PeckShield said the project's losses could be greater. This is the second hack of the platform in two months. In March, $3 million was stolen from the project in a similar way.

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