Hackers hit bZX DeFi platform, stealing millions of dollars of crypto

A phishing attack has led to a hacker getting their hands on cryptocurrency estimated to be worth about $55 million.

The spear-phishing attack on an employee of decentralized finance (DeFi) platform bZx, which allows users to borrow, loan, and speculate on cryptocurrency price variations, gave attackers two private keys that were used by the platform for its integration with the Polygon and Binance Smart Chain (BSC) blockchains.