By Matthew Makowski Harvest Finance crypto (FARM) faced a major attack from hackers last year. In October, the Decentralized Finance (DeFi) protocol was drained of $34 million. The hackers got their hands on a huge amount of the stablecoins USDT and USDC from the Harvest Finance pool.
Investors didn’t take the news lightly. In return, Harvest Finance crypto fell 60% as holders dropped their stakes in the token. That resulted in a whopping $400 million in liquidity being depleted from the Harvest Finance as liquidity providers fled the platform.
Naturally, this was a major blow to the token. After hitting a peak value around $320 …read more
