From Investing.com

February 24, 2025 09:54:37 AM:

Infini, a decentralized finance platform, was hit with a $50 million exploit orchestrated by a former developer. The exploit involved a flash loan attack, resulting in a significant loss for the platform. The incident highlights the vulnerabilities in DeFi platforms and the importance of robust security measures to prevent such attacks in the future.

Read more at Investing.com: Infini suffers $50 million exploit by former developer