Multicoin Capital-backed DeFi protocol dForce loses ~$25M total locked value in an exploit

Multicoin Capital-backed DeFi protocol dForce loses ~$25M total locked value in an exploit

dForce, a Multicoin Capital-backed Chinese decentralized finance (DeFi) protocol, has been exploited.  The total value locked in the dForce ecosystem was down by 100% to $6 over the past 24 hours, per DeFi Pulse data. A day ago, the total value locked in the system was $24.9 million. The Lendf.Me website, a lending platform within …

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