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Term Labs Loses $8.5M in Governance Exploit Hitting Vaults episode artwork

Aug 23, 2026 3 min

Term Labs Loses $8.5M in Governance Exploit Hitting Vaults

from SpendNode Podcast: Crypto News & Analysis

DeFi lending protocol Term Labs was drained of $8.5M through a governance exploit affecting its vaults, per WuBlockchain. Here is what is known so far. Read the full article: https://www.spendnode.io/blog/term-labs-8-5-million-governance-exploit-vaults-august-2026/

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Term Labs Loses $8.5M in Governance Exploit Hitting Vaults

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