About $290m crypto hack triggers DeFi outflows
A crypto hack of about $290 million triggered large-scale withdrawals from the DeFi market. On 20 April, investors were reported to have withdrawn $15 billion from DeFi. A US fintech company suspected North Korea's Lazarus was behind the hack.
Key facts
- Affected organisation
- Being confirmed
- Incident type
- Hacking & intrusion
- Occurred / detected
- Not confirmed
- Scale of damage
- About $290 million in crypto-assets
- Cause / method
- Hack suspected to be the work of North Korea's Lazarus
- Location
- Other countries
If your data was exposed
Exposed dataCrypto assets
- Check login and withdrawal history in your exchange app, and turn on withdrawal address whitelisting and withdrawal delays.
Timeline
- A crypto hack of about $290 million and outflows of $9 billion from DeFi lending services were reported.
- Amid security concerns following the hack, investor withdrawals of $15 billion from DeFi were reported.
- A US fintech company suspected North Korea's Lazarus was behind the roughly $290 million crypto hack.
Also affected by this incident
$9 billion withdrawn from Aave in wake of crypto hack
↳ Knock-on damage from another organisation’s incident · View original incidentImpact: About $9 billion in funds withdrawn
In the wake of a crypto hack, large-scale withdrawals of funds occurred at the decentralised finance lending platform Aave. The panic-driven withdrawals amounted to about $9 billion, and the specific response has not been confirmed.
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The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.