Term Finance, an Ethereum-based fixed-rate lending platform, has recovered $1 million from a $1.6 million loss triggered by a misconfigured oracle that led to incorrect liquidations in its Treehouse (tETH) market. The incident was identified as a bug, not a hack, and the platform managed to reclaim assets both internally and through negotiations. This event highlights ongoing vulnerabilities in the DeFi space, as the industry continues to face major losses from hacking and exploits, including a record $1.64 billion lost in Q1 2025.
Continue to read Term Finance Recovers $1M After Oracle Bug Causes $1.6M tETH Liquidation Loss
Term Finance, an Ethereum-based fixed-rate lending platform, has recovered $1 million from a $1.6 million loss triggered by a misconfigured oracle that led to incorrect liquidations in its Treehouse (tETH) market. The incident was identified as a bug, not a hack, and the platform managed to reclaim assets both internally and through negotiations. This event highlights ongoing vulnerabilities in the DeFi space, as the industry continues to face major losses from hacking and exploits, including a record $1.64 billion lost in Q1 2025.
Continue to read Term Finance Recovers $1M After Oracle Bug Causes $1.6M tETH Liquidation Loss
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