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Badger DAO Appears to HaveBadger 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 897 WBTC (wrapped BTC) (USD 51m), implying that the hack is much bigger than initially thought....
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