Term Finance Reportedly Recovers $1M After Oracle Error Triggers $1.6M Loss in DeFi Market

In a recent incident impacting the web3 and decentralized finance (DeFi) space, Term Finance, an Ethereum-based platform offering fixed-rate lending, reportedly recovered $1 million of the $1.6 million lost due to a misconfigured oracle in its Treehouse (tETH) market. The error is said to have… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged eth, ethereum, exploit, term finance