DeFi Lender bZx Suffers Hack for Reported $55M

DeFi Lender bZx Suffers Hack for Reported M
DeFi lender bZx suffered a hack for a reported $55 million, according to a tweet on Friday by the blockchain security firm SlowMist. “#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted. bZx responded in a tweet that a private key controlling the protocol’s deployment on Polygon and Binance Smart Chain was compromised, but that its smart contracts themselves were not. The protocol added that about 25% of the stolen amount “personal losses from the team wallet that was compromised,” and that it was still investigating the…