Hifi Finance suffers from governance attack by DAO, and users' assets are transferred away
2026-10-29 09:35:38
According to CoinMeta, as revealed by on-chain researcher spreek, the DEFI lending protocol Hifi Finance is suspected of having suffered a governance attack by DAO. The attacker, through the address that provided funds via Tornado Cash, cast 4 votes near the end of the governance vote, successfully taking control of the protocol's governance. Subsequently, they issued an additional 25 million HIFI governance tokens and transferred all the collateral assets of the users within the protocol, valued at approximately $1 million, most of which were RWA tokens.
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