EUR/USD 1.1681 ▲ 0.04%GBP/USD 1.3644 ▲ 0.06%USD/JPY 159.0184 ▲ 0.00%USD/CHF 0.8003 ▼ 0.16%EUR/CHF 0.9351 ▼ 0.09%BTC/USD 77,605.99 ▼ 0.16%ETH/USD 2,449.37 ▼ 0.57%SOL/USD 93.96 ▼ 1.54%XAU/USD 4,649.6 ▲ 1.00%EUR/USD 1.1681 ▲ 0.04%GBP/USD 1.3644 ▲ 0.06%USD/JPY 159.0184 ▲ 0.00%USD/CHF 0.8003 ▼ 0.16%EUR/CHF 0.9351 ▼ 0.09%BTC/USD 77,605.99 ▼ 0.16%ETH/USD 2,449.37 ▼ 0.57%SOL/USD 93.96 ▼ 1.54%XAU/USD 4,649.6 ▲ 1.00%
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Markets/CryptoArticle

Ethereum lending app Term Finance loses $8.5 million in exploit

An attacker exploited voting power to drain funds from the Term Finance protocol.

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Marcus Webb · Crypto Desk · 24 Aug 2026 · 06:33 · 1 min read
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Ethereum lending app Term Finance loses $8.5 million in exploit

An exploit on the Ethereum-based lending protocol Term Finance resulted in a loss of $8.5 million. The attacker targeted voting power to gain control of the protocol, enabling the theft of governed assets.

Bitcoin

BTCUSD
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77600.7600▼ 0.17%
As of 24/08/2026, 00:00:00

Further verified details were not immediately available.

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This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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Market Snapshot

Delayed
EUR/USD1.1681▲ 0.04%GBP/USD1.3644▲ 0.06%USD/CHF0.8003▼ 0.16%BTC/USD77,605.99▼ 0.16%ETH/USD2,449.37▼ 0.57%XAU/USD4,649.6▲ 1.00%

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