Dossier
Term Finance
Coverage of Term Finance in the Nexus archive.
- Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power
The Ethereum lending app known as Term Finance experienced a significant loss of $8.5 million after an attacker exploited the system by buying voting power.
- 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.