DeFi Platform bZx Loses Collateral After $8 Million Token Duplication Incident
DeFi Platform bZx Loses Collateral After $8 Million Token Duplication Incident
Crypto collateral on DeFi lending platform bZx has dropped to its lowest level for over a year as a token duplication incident resulted in an emergency code patch and resetting of user balances.
Another technical glitch has created problems for DeFi lending protocol bZx. The team responded with a breakdown of events, reassuring borrowers and lenders that ‘no funds are at risk’.
A vulnerability…
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