\n
![](\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-10\/1e300da3-cb71-4c91-8349-1f4b2be8487e.jpg\")
<\/p>\n
\n<\/p>\n
Ethereum decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after a devastating hack.<\/p>\n
According to multiple blockchain security firms, on Oct. 18, two individuals \u2014 a frontrunner<\/a> who beat the original hacker after discovering the exploit and the original hacker themselves<\/a>\u00a0\u2014 stole a combined 526 Ether (ETH<\/a>) from Hope Lend, worth $825,357 at the time of publication. \u201cThe successful attacker gained 264 ETH and paid a 263 ETH bribe to an ETH validator,\u201d wrote CertiK.\u00a0<\/p>\n Hope.money, the DeFi protocol’s developer, presented a different version of the story. In its X thread, developers claim that a single hacker ran off with 526 ETH worth of users’ funds, paying 263.91 in bribes to a validator allegedly managed by Lido Finance, eventually netting a profit of 264.08 ETH. Hope.money said:<\/p>\n \u201cIt is crucial to emphasize that all protocols deployed on http:\/\/Hope.money are independent and will not impact the various other products and protocols currently live on the platform, including HopeCard, HopeSwap and $HOPE. We are committed to ensuring the protection of the affected users\u2019 rights, and the corresponding funds remain secure.\u201d<\/p><\/blockquote>\n Two days prior, DeFi aggregator DefiLlama announced it would begin tracking Hope Lend\u2019s smart contracts for data curation. At the time of publication, Hope Lend had no noticeable assets left<\/a>\u00a0within the protocol. While developers did not state the reason for the incident, on-chain sleuth Spreek claimed that the hack \u201cseems to be related to WBTC [wrapped Bitcoin] decimals and rounding, similar to the Wise Lending hack recently.\u201d<\/p>\n On October 18, 2023, at 11:48:59 AM +UTC, the HopeLend protocol fell victim to a hacker attack. It is important to note that the hacker did not profit from this attack.<\/p>\n The attack resulted in a loss of approximately 528 ETH, out of which 263.91 ETH were bribed by the frontrunner\u2026<\/p>\n \u2014 Hope.money⚡️ (@Hope_money_) October 18, 2023<\/a><\/p><\/blockquote>\n Magazine:\u00a0Elon Musk streams, Amazon partners with Immutable, MetalCore preview<\/a><\/em><\/strong><\/p>\n<\/div>\n\n