May 13
$101K drains from Huma Finance – Exposes this ONE stubborn DeFi problem
Huma Finance’s exploit exposed growing security risks across aging DeFi infrastructure and dormant contracts.
➤ Huma Finance experienced an exploit resulting in a $101K drain due to vulnerabilities in its deprecated Polygon V1 infrastructure. ➤ The incident highlights the persistent security risks associated with aging DeFi infrastructure and dormant smart contracts. ➤ While newer V2 infrastructure remained unaffected, the exploit underscores the importance of diligent infrastructure retirement and simplified design in DeFi.