September 14, 2020 bZx suffers third attack this year.

DeFi lending protocol bZx suffered another security breach this week, wherein a user was able to mint unbacked iTokens and then sell these tokens on a third-party exchange. The attack marks the third security breach face by bZx this year and comes amid efforts by developers to relaunch the protocol following previous attacks. This attack was the largest of the three by far, draining $8M in LINK, USDT, and other cryptoassets from bZx pools. The stolen funds were later returned to the protocol by the attacker.

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