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Security Cointelegraph

DeFi protocol Carrot becomes first casualty of $285M Drift exploit

Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

DeFi protocol Carrot becomes first casualty of $285M Drift exploit

Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.

Why this matters

This maps to the Security Incidents hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

Original source

Read on Cointelegraph

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