Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack

Crypto Lender Celsius Admits Losses in 0M BadgerDAO Hack
Crypto lender Celsius Network confirmed the company has lost money from the latest decentralized finance (DeFi) hack on BadgerDAO, a lending platform that offers yields and focuses on wrapped bitcoin.During an ask-me-anything (AMA) YouTube live stream on Friday, Celsius CEO Alex Mashinsky said the company “lost money” in the BadgerDAO hack without specifying the value of the losses. Some had speculated earlier Friday that roughly $51 million was lost, based on blockchain data.“It wasn’t a Celsius hack,” Mashinsky said. “It was a Badger hack, but some of the Celsius funds were there so Celsius lost money. … But none of…