Attackers dig up $11M in Garden Finance crypto exploit • The Register
Blockchain company Garden admits it was compromised and temporarily shut down its app after approximately $11 million worth of assets were stolen.
In a statement issued on Friday, Garden again said that user funds were safe and that the attack exploited one of its solvers.
In the context of decentralized finance, a solver is typically an algorithm or trading agent that’s relied on to execute transactions in the most efficient manner possible.
Garden is a blockchain bridge protocol company, and its solvers earn a small profit for carrying out transactions between blockchains. They often hold funds of their own – not the users’ – which are used to fulfill…
