BackedFi Suffers $204,200 Loss in Ethereum On-Chain Attack

2026-07-01 11:20

Woofun AI reports that the Ethereum-based protocol Backed (BackedFi) was targeted by an on-chain attack. The incident resulted in asset losses totaling approximately $204,200.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.

Trending News

Trump's Crypto Revenue Surpasses Real Estate by $1.1 Billion in 2025

a16z Transfers $5M HYPE to Exchanges Amid $10.19M Two-Day Sell-Off

One Hour, $104 Million: Bitcoin Futures Liquidation Cascade Shakes Market

Trump's $1.4 Billion Crypto Windfall Driven by Licensing and Token Sales

140 Firms Launch OpenUSD as Circle Stock Plunges 16.5% in One Day

Trump Earns $1.427 Billion in 2025 Crypto Income Amid Senate Ethics Debate

Binance Exits EU as MiCA Pass Rate Hits 7% Amid $4.3B Legacy Fines

Open USD Launch Triggers 14% Circle Stock Drop Amid Global Alliance

Ripple Unlocks 500 Million XRP: Why Routine Escrow Releases Rarely Trigger Immediate Price Drops

FG Nexus Liquidates Entire ETH Position in $86.6 Million Loss Event