October 30, 2025

$145K Lost as Hackers Use Merkl to Launch Unverified DeFi Scams

Hackers have found a new way to exploit decentralized finance (DeFi) users. This time, they used Merkl, a one-stop DeFi incentive platform, to create fake, unverified campaigns and drain users’ deposits. The scam targeted users on Sonic through the Euler …

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