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Celsius Network loses millions in BadgerDAO Bitcoin heist amid crypto selloff
Dec 04, 2021 | Yahoo Finance
Picture - Celsius Network loses millions in BadgerDAO Bitcoin heist amid crypto selloff

Crypto lender Celsius Network lost funds in a recent cyber hack, the latest decentralized finance (DeFi) attack that comes amid a broad retrenchment in cryptocurrencies.

On Wednesday night, BadgerDAO, a decentralized autonomous organization (DAO) which builds DeFi products using Bitcoin as collateral, announced over its Discord it would halt the functioning of its products after reports of “unauthorized withdrawals of user funds.”

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