PulseChain's BetterBank Loses $5 Million in DeFi Attack

27/08/2025 10:32

BetterBank, a DeFi platform on PulseChain, suffered a $5 million loss due to an attack on August 27. The attacker has converted part of the stolen assets into 215 ETH, valued at approximately $983,000, which is currently held at the address 0xf3ba0d57129efd8111e14e78c674c7c10254acae. This incident underscores the persistent security challenges within the DeFi sector and the critical need for enhanced protective measures.

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