Security
Term Finance loses $8.5M after attacker buys governance votes for just 2 ETH
Crypto Briefing·August 24, 2026·1 min read
Term Finance lost $8.5 million after an attacker acquired governance votes for just 2 ETH, exploiting weak DeFi governance safeguards. The incident underscores critical vulnerabilities in decentralized finance protocols, highlighting the need for robust security measures to prevent similar exploits in the future.
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