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The Nexus
SECURITYAug 24 · 03:59 UTCCOINTELEGRAPHCointelegraph by Ezra Reguerra

Term Finance loses estimated $8.5M in vault governance exploit

Term Finance lost an estimated $8.5M due to a vault governance exploit. Following the attack, which reportedly removed nearly all of their Ethereum deposits, Term permanently closed its Meta Vaults.

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