Post
Topic
Board Altcoin Discussion
Re: DeFi protocol Pickle Finance hacked for $20,000,000
by
qazgroup
on 22/11/2020, 14:00:53 UTC
A yield finance protocol Pickle Finance was hacked today for a significant amount.
Pickle finance representatives advised its users to withdraw their DAI balance from Pickle, until the situation gets resolved.
Nearly $20,000,000 DAI was stolen from a wallet belonging to Pickle Finance by an unknown hacker.


https://cryptonews.exchange/2020/11/22/defi-pickle-finance-hacked-with-20-million-stolen/
I think it is about time that all new defi platforms should be forced to stop business somehow and then security and code audit should be done professionally to get rid of any loopholes only then they should  be allowed to resume business.