Term Finance Permanently Shuts Meta Vaults After Exploit PeckShield Estimated at $8.5 Million

Term Labs said all Term Meta Vaults have been shut down and DAO governance roles revoked after a governance exploit hit the vault product, while withdrawals remain open. In an Aug. 23 update, Term said the shutdown is irreversible and permanently prevents further deposits. The update did not… Read the full story at The Defiant



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