Elephant Money, the decentralized finance (DeFi) protocol behind the ELEPHANT token was recently targeted in a cyber-attack.
The attackers attacked its treasury through the automated attack and stole about $11.2 million worth of Binance Coin.
The company with its partner blockchain security company CertiK and Defi insurance protocol InsurAce investigated and assessed the attack.
Source: https://therecord.media/hackers-steal-more-than-11-million-from-elephant-money-defi-platform/
"id": "ELE01215422",
"linkid": "elephant-money-ltd",
"type": "Cyber Attack",
"date": "04/2022",
"severity": "100",
"impact": "6",
"explanation": "Attack threatening the economy of a geographical region"