Hacker drains $35 million in crypto assets from DeFi protocol Vee.Finance

An unknown attacker hacked the lending platform Vee.Finance and withdrew tokenized Bitcoin and Ethereum worth about $35 million.

Announcement: Our platform may have been exploited. All services have been paused. We are investigating the cause, please follow our official accounts for latest update.
Thanks!

— vee.finance🔺 (@VeeFinance) September 20, 2021

«Our platform may have been hacked. All services have been paused. We are investigating the cause. Please follow the latest updates on our official accounts», wrote representatives of the DeFi project.

According to information in the Vee.Finance blog, the total value of stolen assets exceeded $35 million (8,804.7 WETH and 213.93 WBTC). The hacker has not yet moved the funds to external platforms. The DeFi project’s team is trying to contact the attacker in the hope of recovering the assets.

According to journalist Colin Wu, Vee.Finance has attracted investments from more than 20 venture investors, including Huobi. The protocol has been audited by Certik and SlowMist.

The exploited money may exceed 35 millin. It received investment from more than 20 capital such as Huobi, and passed the audits of certik and slowmist. https://t.co/yyOt76a4wg https://t.co/3S3imFSlm6

— Wu Blockchain (@WuBlockchain) September 21, 2021

Earlier, the cross-chain DeFi protocol pNetwork lost 277 BTC due to a hacking attack.

On September 13, 2021, a hacker withdrew from the DeFi protocol Zabu Finance on the Avalanche blockchain assets worth $3.2 million.

On September 17, the attacker stole 864.8 ETH (~$3.09 million at the time) from the IDO platform MISO of the SushiSwap protocol. On the same day he returned the funds.

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