Beanstalk cryptocurrency project robbed after hacker votes to send themself $182 million

On Sunday, an attacker managed to drain around $182 million of cryptocurrency from Beanstalk Farms, a decentralized finance (DeFi) project aimed at balancing the supply and demand of different cryptocurrency assets. Notably, the attack exploited Beanstalk’s majority vote governance system, a core feature of many DeFi protocols.

The attack was spotted on Sunday morning by blockchain analytics company PeckShield, which estimated the net profit for the hacker was around $80 million of the …

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