The stablecoin DEI, backed by the DeFi project DEUS, lost $6.3 million as a result of being hacked.
The growing demand for cryptocurrencies is also whetting the appetite of bad actors. Scams and hacks have become an unavoidable issue lately. Again, a hacking incident occurred earlier in the day by DEUS Finance. DeFi project DEUS has announced that its stablecoin DEI fell victim to a $6.3 million hack. The developer team took help from white hat hackers to prevent attacks.
DEUS Finance Has Been Hacked Again
DEUS, the issuer of the DEI stablecoin, suffered a total of $6.3 million in hacks across two different blockchains. DEI has been hacked on Arbitrum and BNB Chain networks.
Making a statement on the subject, the DEUS team stated that $ 1.3 million was stolen on the side of BNB Chain and $ 5 million on the Arbitrum network. DEUS, which suspended its hacked smart contracts, took help from white-hat hackers to avoid further damage. As a result of this assistance, DEIs were burned.
Previously, DEUS was exposed to two different hacks of $13.4 million and $3 million. Being hacked constantly, the project began to lose trust in the crypto community.
PeckShield revealed that DEUS’ contracts on BNB Chain were hacked by a bot.
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