Badger DAO Appears to Have Lost Over USD 62M in an Attack

Badger DAO Appears to Have Lost Over USD 62M in an Attack

Badger DAO, a decentralized autonomous organization (DAO) that enables bitcoin (BTC) to be used as collateral across decentralized finance (DeFi) applications, has fallen victim to an exploit.  It was originally speculated that the project has lost over USD 10m worth of cryptoassets. However, Etherescan transactions suggest that one of the affected users has lost around…