Garden Finance Hit by $5.5M Multi-Chain Exploit - Security Crisis Unfolds
DeFi platform Garden Finance faces massive security breach across multiple blockchain networks
The Cross-Chain Catastrophe
Attackers drained exactly $5.5 million from Garden Finance's protocols spanning Ethereum, BSC, and Polygon - hitting liquidity pools and yield farms simultaneously. The multi-pronged assault exposed critical vulnerabilities in the platform's cross-chain architecture.
Security Protocols Breached
Smart contract exploits allowed hackers to bypass authentication checks and drain funds directly from treasury wallets. The attack vector appears to target bridge contracts between chains - a growing concern in the DeFi space where interoperability creates new attack surfaces.
Industry-Wide Implications
This latest exploit demonstrates that even established DeFi protocols remain vulnerable to sophisticated multi-chain attacks. The $5.5 million heist serves as another expensive reminder that in crypto, sometimes the only thing growing faster than yields is the hacker's wallet. Security audits clearly need to evolve beyond single-chain assessments to address cross-chain vulnerabilities.
