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Indexed Finance Suffered Its First Cyber-Attack Where Assets Worth $16m Were Stolen.

Recently, Indexed Finance suffered a hack where assets worth $16 Million were exploited from CC10 and DEFI5. Notably, Indexed Finance is an absolutely decentralized protocol that provides users with passive portfolio management on Ethereum.

Image Source: Twitter (@ndxfi)

In this cyberattack, the way through which the index pools are rebalanced was…

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