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DeFi protocol BadgerDAO exploited for $120 million in front-end attack

DeFi protocol BadgerDAO has fallen victim to a large hack. According to security researchers PeckShield, $120.3 million was stolen from users of the protocol. BadgerDAO is a DeFi protocol focused on providing yield for bitcoin. The idea is that you bridge your bitcoin over onto a smart contract platform like Ethereum, as wrapped bitcoin, which you can then use within DeFi applications. BadgerDAO provides a variety of vaults where users can park their wrapped bitcoin and earn yields depending on …