Double Blow for Decentralized Exchanges: Another Hack Raises Concerns
In a disconcerting development, decentralized exchanges Velodrome and Aerodrome faced a second consecutive cyberattack. Exploiting domain vulnerabilities, the assailants targeted the platforms, prompting swift responses and reassurances from both exchanges. Despite their shared vulnerability, each exchange, managed by Porkbun, maintains its independence and dominance in Total Value Locked (TVL) within its respective network. The full extent of the impact on user assets remains unclear, with estimates suggesting over $100,000 in potential losses.