DeFi Sybil attack created $7.5B fake TVL on Solana from ‘anon’ developers

The post DeFi Sybil attack created $7.5B fake TVL on Solana from ‘anon’ developers appeared on BitcoinEthereumNews.com.

An investigation led by CoinDesk has revealed that two brothers — Ian Macalinao and Dylan Macalinao — used pseudonymous developer profiles to inflate the TVL on Solana by $7.5 billion.…

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