News Explorer — PeckShield's Oversight in an Audit Led to a $1.7 Million DeFi Hack at Abracadabra, Causing Transparency Issues

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Oct 6, 4:31 pm

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PeckShield's Oversight in an Audit Led to a $1.7 Million DeFi Hack at Abracadabra, Causing Transparency Issues

Synnax Labs accused PeckShield Inc. of overlooking vulnerabilities in an audit, leading to a $1.7 million hack of DeFi protocol Abracadabra. After a refund request, PeckShield removed the audit, sparking transparency concerns.

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