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Nov 082021

The fourth is not strong with this one

If third time’s a charm, then fourth is a fail: and fans are not happy after hackers make off with millions after a phishing attack on a bZx developer.

🤓 A hacker managed to get away with over $55m from DeFi protocol bZx after sending a malicious email to one of its devs, though we’ve yet to get a full autopsy on the disaster.
👨‍⚖️ bZx has a list of priors that meant a harsh ruling from fans, with prices plummeting 15% on Friday and the Twitter brigade unleashing their fury.
3️⃣ The network was hacked three times last year, though it did manage to recover about $8 million eventually. Will this be the last straw?