DeFi protocol Grim Finance lost $30M in 5x reentrancy hack

The decentralized finance (DeFi) protocol Grim Finance reported $30 million in losses due to a reentrancy exploit of the platform’s deposits.

Grim Finance officially announced on Saturday that an “external attacker” had exploited the DeFi platform, stealing “over $30 million” worth of cryptocurrencies.

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