Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power
Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power
What happened
Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power
Why it matters
The development may change operating conditions or market expectations around Ethereum. Further confirmation and measurable outcomes matter.
Affected entities
Ethereum · ETHNeutral
View evidence
1 reports · 1 original report · 1 independent
- CoinDeskPrimary source · Supports · EN · 100%Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power ↗
Claims
- Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
ETH · 15 min-0.18%
ETH · 1 h-0.00%
ETH · 4 h+0.19%
ETH · 24 h-2.11%
Score explanation
Confidence · formula confidence-2.1.0
Source trust88
Independent corroboration51
Primary evidence35
Claim consistency82
Extraction confidence82
Attribution quality90
Impact · formula impact-2.1.0
Event magnitude45
Market relevance88
Entity significance94
Market breadth54
Novelty68
Urgency55
capital magnitude31
Ranking · formula rank-1.0.0
Confidence factor0.8515
Freshness factor0.9999
Breaking bonus0