🚨 Crypto Alert! 🚨 Filament, a decentralized exchange on the Sei blockchain, faced a major exploit, losing $572K due to price manipulation via self-liquidation. The attack occurred early on April 6, prompting Filament to halt trading and withdrawals.
🔍 A full investigation is underway, with law enforcement and security experts involved. Filament offers a 10% bounty for the return of funds. This incident highlights ongoing vulnerabilities in DeFi platforms, as $1.64B was stolen in Q1 2025 alone.
💬 Share your thoughts on DeFi security in the comments!