1inch co-founder pushes safer lending after TrustedVolumes hack

1inch Resolver TrustedVolumes Drained for $6.7M on Ethereum

Liquidity provider TrustedVolumes, a market maker and resolver used by 1inch Fusion and other protocols, confirmed on Thursday that it had been drained for roughly $6.7 million in an exploit on the Ethereum network. Web3 security firm Blockaid first flagged the attack, putting initial losses at... Read the full story at The Defiant

DeFi Platform TrustedVolumes Hit by $6.7M Exploit

The liquidity resolver used by multiple DeFi protocols was hit, with DEX aggregator 1inch claiming no impact on its systems.

1inch co-founder pushes safer lending after TrustedVolumes hack

1inch co-founder Sergej Kunz says DeFi needs intent-based lending after TrustedVolumes lost nearly $6M and Kelp DAO exposed pool risks.

Hackers Drain Nearly $6 Million in ETH and BTC from Trusted Volumes

Trading protocol Trusted Volumes falling victim to a catastrophic smart contract exploit.