On February 10, the public opinion monitoring of Chengdu Lian'an Chain Bing-Blockchain Security Situational Awareness Platform showed that the DeFi application Dego Finance was hacked, and the DEGO liquidity on UniSwap and PancakeSwap had been exhausted. Regarding this attack, the Chengdu Lianan technical team immediately analyzed the flow of funds.
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It is reported that Dego Finance was launched in September 2020, with the goal of building a sustainable and practical NFT ecosystem, and has created an NFT+DeFi platform. Some people say that in the world of DeFi, DEGO is equivalent to Lego. Treat every DeFi protocol as a brick, including stablecoin (DAI), lending (Aave, Compound), decentralized exchange DEX (Uniswap and Balancer), derivatives (Synthetix) and insurance (Nexus Mutual), etc. .
On February 10, Dego Finance's official Twitter announced that it was hacked, and the Lego in the DeFi world "collapsed" like this!
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