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The MakinaFi platform was hacked, resulting in significant losses. According to on-chain security tracking, the hacker successfully stole approximately 1,299 ETH, worth about $4.13 million. Interestingly, some transactions flowed to the MEV builder address (0xa6c2…), indicating that the attack also involved transaction priority manipulation. The stolen funds are now spread across multiple addresses, making centralized tracking difficult—one address, 0xbed2…dE25, hoards about $3.3 million, while another address, 0x573d…910e, holds approximately $880,000. Such incidents highlight the current security pressures in the DeFi ecosystem and serve as a reminder for users and platform operators to be more cautious about smart contract risks.
Black hat is colluding with MEV builders? I’ve been saying DeFi security is just paper-thin. It’s about time to diversify risk across multiple chains.
3.13 million just disappeared like that, and the worst part is it can’t be recovered... That’s the most heartbreaking part.
Every time something like this happens, people say to be cautious with smart contracts, but next time, someone still rushes in. What can we do?
MakinaFi might have to shut down this time. Users should have been managing their assets independently long ago.