Whale Duped for $55M DAI in Phishing Attack, ZachXBT Confirms

Notably, Maker Vaults are collateralized debt positions that enable users to borrow Dai stablecoins by depositing collateral, such as Ethereum (ETH), into the vault. This system allows users to …

Full story: https://www.coinspeaker.com/whale-55m-dai-phishing-attack-zachxbt/