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Secured Finance Hit by Unauthorized Withdrawals on Three Blockchain Networks

Guavy AI Editorial Team
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A DeFi protocol called Secured Finance has experienced unauthorized withdrawals on three blockchain networks.

The affected platforms are Ethereum, Arbitrum, and Filecoin. According to an official update from the development team, all orderbooks and TokenVaults across these chains have been paused until further notice.

An external estimate suggests that around $104,000 in assets was withdrawn from the Ethereum-based lending market.

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