What happened to Beanstalk farms?

On Sunday, an attacker managed to drain around $182 million of cryptocurrency from Beanstalk Farms, a decentralized finance (DeFi) project aimed at balancing the supply and demand of different cryptocurrency assets. Notably, the attack exploited Beanstalk’s majority vote governance system, a core feature of many DeFi protocols.

Who are Beck Farms?

Beck Farms Beck Farms was established in 1986 and has since then been mastering the art of cultivating carrots for over 30 years. The farm is run by a family team consisting of Shelley & Rod Bradshaw and their two sons. Their main focus is on producing and packing only the highest quality products.

Where is Bisk Farm located?

The supplier company is located in Kolkata, West Bengal and is one of the leading sellers of listed products. Bisk Farm is listed in Trade India's list of verified sellers offering supreme quality of etc. Buy in bulk from us for the best quality products and service.

Is Beanstalk a 'decentralized credit based stablecoin'?

Beanstalk admitted to the attack in a tweet shortly afterward, saying they were “investigating the attack and will make an announcement to the community as soon as possible.” Beanstalk describes itself as a “decentralized credit based stablecoin protocol.”