A whitehat hacker recently returned $1.6 million stolen from decentralized finance (DeFi) protocol Tender.fi after receiving an ETH 62.15 bug bounty. The team’s report noted that even though the borrower had deposited only 1 GMX collateral, they were able to borrow $1.59 million worth of assets on March 7. The hacker repaid all of the loans minus the bug bounty. Meanwhile, Hedera’s core team confirmed an exploit on the network where hackers stole funds via users’ accounts on decentralized exchanges, and Starbucks’ Web3 loyalty program unveiled its first limited edition NFT collection.
