DeFi Project BadgerDAO Loses $120 Million in an Alleged Front-End Attack

Bitcoin-focused DeFi project, BadgerDAO, has recently been exploited, with estimated losses mounting up to over 2,000 BTC, worth more than $120 million, according to data from industry-leading blockchain security firm, Peckshield. The attack, which is speculated to be a front-end attack, where hackers allegedly accessed the front end of the BadgerDAO website and intercepted users’ transactions from there.