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Cryptopolitan

Ribbon Finance, formerly Aevo, loses $2.7 million in DeFi hack

A sophisticated attack on Aevo-rebrand Ribbon Finance drained $2.7 million from its old contract and moved to fifteen separate wallet addresses, some of which have already been consolidated into larger accounts.  According to several blockchain investigators on social platform X, the attack occurred just six days after the platform upgraded its oracle infrastructure and option [...]

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