DeFi Options Protocol Opyn Hacked, Over $371,000 Lost | Crypto Briefing

Key Takeaways

• The hack on Opyn’s Ethereum put options happened around 4:00 AM PT
• The team secured 572,165 USDC from its contract, but the hacker still got away with 371,260 USDC
• Opyn is decentralized, and the team cannot shut it down in the case of emergency