$6 Million Vault Exploit Forces DeFi Platform Summer.fi to Wind Down

Summer.fi will wind down operations after a $6.04 million exploit hit its Lazy Summer Protocol on July 6, wiping out the capital the team needed to rebuild. The five-year-old Decentralized Finance (DeFi) platform said the app will remain live until August 31. Summer.fi Closes Doors as July 6 Exploit Wipes Out Rebuild Runway In a The post $6 Million Vault Exploit Forces DeFi Platform Summer.fi to Wind Down appeared first on BeInCrypto.