Hundred Finance Hacked, Loses about $7 Million

According to PeckShield, the cross-chain lending protocol Hundred Finance was hacked and lost about $7 million. The root cause appears the attacker donated 200 WBTC to inflate the exchange rate of hWBTC and subsequently drained current lending pools with a small amount of hWBTC. Hundred Finance's team hopes to contact the hacker and find a joint solution to resolve this matter. 

According to TokenInsight data, the $HND price dropped 50.41% in 24 hours, trading at $0.021659 now.