Hackers compromised a computer belonging to EasyFi founder Ankitt Gaur, accessing his <button class="define-target" id="private-key">private keys</button> which allowed them to transfer $6&nbsp;million in <button class="define-target" id="stablecoin">stablecoins</button> and $120&nbsp;million worth of EASY. The price of EASY crashed as a result of the low liquidity, limiting the hacker's total payout to around $80&nbsp;million. EasyFi followed the breach with a <button class="define-target" id="fork">hard fork</button> to "EZ 2.0", and compensated users with a mix of stablecoins and "IOU tokens" that could later be redeemed for discounted EZ.

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Web3 is Going Just Great

$80 million taken from EasyFi lending platform