Ethereum Based Lending Protocol Hacked! Lost How Much?

There is a new hacking event in the crypto money industry every day. At this point, Era Lend, the largest lending protocol on the Ethereum scaling blockchain zkSync, was recently hacked.

Blochain security company BlockSEC wrote in a post that Era Lend suffered a total loss of $3.4 million in the hack.

The total amount locked in Era Lend after the hack dropped from $18.5 million to $10.75 million.

Era Lend confirmed the hacking incident in her post and used the following statements:

“We had a hack on our platform today. However, the threat has been contained.

We have suspended all borrowing for now and recommend that you do not deposit USDC.

We are working with partners and cybersecurity companies to resolve this situation.”

As it will be remembered, Conic Finance, the DeFi protocol, was hacked and 1700 Ethereum (ETH) worth more than $ 3.2 million was stolen recently.