Garden Finance was hacked, resulting in a loss of approximately 450,000 USDT
According to Cointelegraph, the cross-chain bridging and atomic swap protocol Garden Finance temporarily took its application offline after detecting abnormal activity on July 27. Blockchain security company Blockaid revealed that attackers exploited a vulnerability in Garden Finance's Hash Time-Locked Contract (HTLC) to steal approximately $450,000 USDT across four networks: Ethereum, Base, Arbitrum, and BNB Smart Chain.
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