Cryptocurrency News

DeFi protocol WDZD Swap exploited for $1.1M: CertiK

Decentralized finance (DeFi) protocol WDZD Swap was exploited on May 19 for $1.1 million worth of Binance Pegged Ether, according to a May 21 report from blockchain security firm CertiK. Binance Pegged Ether represents Ether (ETH) that has been bridged to BNB Smart Chain (BSC).

According to the report, an attacker conducted nine malicious transactions that drained 609 Binance Pegged ETH, worth $1.1 million at the time of the attack, from a contract associated with the WDZD project.


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