Cybersecurity
impact 16
DeFi protocol Carrot becomes first casualty of $285M Drift exploit
DeFi protocol Carrot becomes first casualty of $285M Drift exploit Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.
Why it matters
For professionals tracking protocol, this is a data point worth bookmarking. The defi implications alone deserve follow-up.