DeFi Traders Lost More Than $11M Across Two Weekend Hacks

Over the weekend, DeFi traders lost more than $11M across two hacks on Binance Smart Chain (BSC).  On July 10, Anyswap, a decentralized cross-chain protocol, suffered a hack worth nearly $8M of USDC and MIM (Magic Internet Money), a lesser known stablecoin. The exploit happened in the protocol’s new V3 cross-chain liquidity pools. According to…

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