Confluence News

DeFi hack attack: Three exploits snatch $11M in a single day

News-screening summary only. This is not investment advice and does not confirm market response.

Three DeFi projects—Payy Network, Duelbits, and Meter.io—were hacked in a single day for a combined loss exceeding $11 million, involving bridge exploits, private‑key compromises, and unbacked token minting, triggering price crashes and service suspensions.

Status
Active
Confirmation
Confirmed
Event type
SECURITY_INCIDENT
Market scope
MARKET
Direction
-2
Impact / urgency
3 / 4
Impact category
MATERIAL
Risk stance
RISK OFF
Promotion
PROMOTED · 69/100
Promotion reason
High-impact multi-project DeFi hack causing over $11M losses, affecting multiple assets and prompting market-wide concern.
Duration class
SHORT
Assets
ETH, MTR, MTRG, USDC
Sectors
Blockchain, Bridge, Crypto Casino, DeFi
First detected
Impact started
Scheduled for
Not published
Occurred at

Sources

DeFi hack attack: Three exploits snatch $11M in a single day

Protos · ESTABLISHED_MEDIA · Best available