Hackers liquidate Defrost Finance, triggering a $12m loss

Blockchain security watch firm PeckShield confirmed a flash loan attack in Defrost Finance has led to users losing more than $12 million.  Defrost V1 and V2 under investigation  After a few users complained about significant losses in their accounts, Defrost Finance announced an investigation into a possible hack on its Defrost V1 and V2 platforms. Doran, a core team member, informed the users to refrain from using Defrost V2 through Telegram.  Message by Doran, core community member Defrost Finance. Source: Telegram  At first, the platform thought only Defrost V2 was under attack and decided to shut it down to protect