Summer.fi Hack: Blockaid Reports Ongoing Exploit as Estimated Losses Reach $6 Million

Blockchain security company Blockaid said it has uncovered an active exploit affecting decentralized finance platform Summer.fi, with roughly $6 million reportedly lost to the attack so far.

The incident is still unfolding, according to Blockaid. Summer.fi provides yield aggregation and automated vault management services, offering institutional-grade infrastructure for digital asset vaults.

Source: Blockaid