Term Labs recently faced a significant financial setback when an exploit targeting their governance systems led to a loss of approximately $8.5 million. Renowned security firms, CertiK and PeckShield, identified the unusual activity on August 23, confirming that weaknesses in governance were manipulated to execute this cyber theft.
Continue Reading:Shocking Governance Exploit Drains $8.5 Million from Term Labs
Source: https://en.bitcoinhaber.net/shocking-governance-exploit-drains-8-5-million-from-term-labs
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