DeFi Hack Roundup: Three Projects Lose $11 Million in One Day

Three separate DeFi projects suffered security breaches on Thursday, resulting in total losses exceeding $11 million. Payy Network lost $1.8 million after its bridge contract was drained, prompting the platform to pause all operations. Duelbits, a crypto casino and sports betting platform, reported a loss of approximately $7 million due to a suspected private key compromise, while Meter lost $2.3 million. Investigations into these incidents are currently ongoing.