DeFi Protocol MakinaFi Suffers Devastating $4.1M Ethereum Hack, Funds Diverted
In a stark reminder of the persistent security challenges facing decentralized finance, the DeFi protocol MakinaFi was exploited on March 21, 2025, resulting in a devastating loss of 1,299 ETH, valued at approximately $4.13 million. Blockchain security firm PeckShield first flagged the suspicious transaction activity, noting the stolen funds were rapidly transferred to two newly […]
