DeFi Intel

New SummerFi DeFi exploit shows AI automation now sits above smart contract risk

New SummerFi DeFi exploit shows AI automation now sits above smart contract risk

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Security firm Blockaid first flagged the July 6 attack, in which a donated over-valued token in an offboarding-capped Ark inflated vault share prices; Summer.fi paused all Lazy Summer vaults after the $6.04 million loss.

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