Steadefi, a decentralized finance (DeFi) protocol, has offered the hackers a $33,400 bounty if they return 90% of the stolen funds by August 10.

A vulnerability exploited on Aug. 7 led to the siphoning of at least $334,000 from the platform. The protocol’s security framework has been severely undermined, exposing all assets to heightened risks.

Steadefi’s Total Value Locked (TVL), a crucial gauge of staked assets, has suffere

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Author: Brenda Mary

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