Sunday, 23 August 2026 · World
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EUROS The World Financial Report
Nº 43 Sunday, 23 August 2026 · World Edition
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Crypto

DeFi lending protocol Term Finance loses an estimated $8.5 million to governance exploit

The Block · 2h ago
DeFi lending protocol Term Finance loses an estimated $8.5 million to governance exploit

Term vault proposals face a seven-day delay and can be vetoed by liquidity providers, yet those controls apparently did not stop the exploit.

Read the full story at The Block →