Breaking: DeFi Protocol Hit by Major Exploit



Makinafi protocol has suffered a significant security breach, with attackers making off with approximately 1,299 ETH (roughly $4.13 million).

What makes this incident notable is that an MEV Builder successfully frontran the hacker's transactions, adding another layer of complexity to this already serious event. The stolen funds have been traced to two separate wallets: one holding $3.3M and another containing $880K, making it possible to track the stolen assets on-chain.

The incident highlights ongoing vulnerabilities in DeFi smart contracts and the sophisticated nature of attacks in today's ecosystem. Security teams and protocol developers are actively monitoring the situation as investigations continue.
ETH-3.89%
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TokenomicsTherapistvip
· 2h ago
Another big scandal, Makinafi was directly exploited for over 4 million... This ecosystem really can't hold up anymore.
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GateUser-9f682d4cvip
· 4h ago
Another DeFi got exploited, this time it's really outrageous, even the hackers got frontrun haha
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rugpull_survivorvip
· 4h ago
Another DeFi has been breached. Sigh, when will these days come to an end?
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GasGuzzlervip
· 4h ago
Another one got drained? Makinafi, this wave must be pretty embarrassing.
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ChainChefvip
· 4h ago
lmao makinafi really let their kitchen catch fire huh... 1.3k eth gone just like that. ngl the mev builder frontrunning the hacker is actually peak comedy tho, at least someone seasoned their exploit properly
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SchrodingerAirdropvip
· 4h ago
Another one has been exposed. Is this circle really going to end?
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EternalMinervip
· 4h ago
Another DeFi has been exploited. This ecosystem really needs to reflect and reconsider.
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