BSC Keeps Getting Belted by Hackers! Belt Finance (BELT) is one of the latest DeFi protocols to be hacked on the Binance Smart Chain. Over the weekend, the attacker utilized a flash loan exploit through PancakeSwap (CAKE) and managed to execute the contract eight times for $6,234,753 Binance USD (BUSD). Belt Finance has since stated that withdrawals and deposits will be resumed soon and will also be providing a compensation plan. #Cryptocurrency
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