🚨 SECURITY ALERT: Garden Finance exploit drains approximately $450,000 across multiple blockchains.
Web3 security firm Blockaid has detected an ongoing exploit targeting Garden Finance's HTLC (Hashed Time-Locked Contract) infrastructure.
So far, attackers have reportedly drained around $450,000 in USDT across:
🔸 Ethereum
🔸 Base
🔸 Arbitrum
🔸 BNB Chain
The incident highlights that even cross-chain infrastructure remains a prime target for attackers, especially when vulnerabilities emerge in smart contract logic.
Users interacting with Garden Finance are advised to avoid making new transactions until the team provides an official update.
As always, security incidents like this can temporarily impact market confidence, but the long-term effect will depend on how quickly the protocol responds, patches the vulnerability, and protects user funds.
If you're using the protocol, monitor only official Garden Finance and Blockaid channels for verified updates.
Another reminder: in crypto, security is just as important as price. 🔐
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