Dough Finance Hit by $1.96 Million Flash Loan Exploit, Hackers Swap USDC to Ethereum

Dough Finance, a DeFi protocol, suffered a significant exploit on Friday, resulting in substantial financial losses. The exploited funds were funneled through Railgun’s zero-knowledge protocol and later converted to Ethereum. In response, Dough Finance is actively working on mitigating the damage and recovering the stolen assets. A flash loan exploit has cost Dough Finance nearly

Source: CoinOtag