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International Business Times
International Business Times
Business
Marvie Basilan

DeFi Trading Platform Unizen Exploited For $2 Million, Offers 20% Bounty

Unizen is just one of several crypto trading firms that suffered an exploit since the beginning of the year. (Credit: TheDigitalArtist/Pixabay)

Decentralized finance (DeFi) trading platform Unizen lost around $2.1 million after what crypto security firms called an exploit of an "external call vulnerability" in the platform.

Blockchain security and data analytics firm PeckShield reported about the anomaly on X (formerly Twitter) Saturday. "Hi @unizen_io you may want to [take] a look. It looks like an approve issue with >2m loss already," the company said. It also advised the platform to revoke the approved transactions immediately.

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