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"Today, teenagers are running multi-million dollar DeFi protocols.Jai Bhavnani, 19, David Lucid, 20, and Jack Lipstone, who just turned 20, founded Rari Capital in April 2020, less than a month after the founders’ home state of California went into COVID lockdown."

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@Ranamuka • 3 Years Ago

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"Today, teenagers are running multi-million dollar DeFi protocols.Jai Bhavnani, 19, David Lucid, 20, and Jack Lipstone, who just turned 20, founded Rari Capital in April 2020, less than a month after the founders’ home state of California went into COVID lockdown."

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Looks like this protocol (RariCapital) is getting drained right now by a hacker. [https://twitter.com/defiprime/status/1391047021482545153?s=20](https://twitter.com/defiprime/status/1391047021482545153?s=20)

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Looks like this protocol (RariCapital) is getting drained right now by a hacker. [https://twitter.com/defiprime/status/1391047021482545153?s=20](https://twitter.com/defiprime/status/1391047021482545153?s=20)

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Rari capital just got hacked for around $14m, which they are still trying to ascertain what went wrong. The hacker drained the contracts and then left a message on the transactions’s input data. Link to the Transaction on Ethereum: [https://etherscan.io/tx/0xa8a6b991171e718e5ec81543cdf61f8be012573939f4568028cbc9183abd7ada](https://etherscan.io/tx/0xa8a6b991171e718e5ec81543cdf61f8be012573939f4568028cbc9183abd7ada) As usual, the team have promised to share a full report of the investigation. But the funds are gone. Update: The transaction got dropped & replaced it says. The hacker replaced this txn with one which has more gas. The hack still took place

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Rari capital just got hacked for around $14m, which they are still trying to ascertain what went wrong. The hacker drained the contracts and then left a message on the transactions’s input data. Link to the Transaction on Ethereum: [https://etherscan.io/tx/0xa8a6b991171e718e5ec81543cdf61f8be012573939f4568028cbc9183abd7ada](https://etherscan.io/tx/0xa8a6b991171e718e5ec81543cdf61f8be012573939f4568028cbc9183abd7ada) As usual, the team have promised to share a full report of the investigation. But the funds are gone. Update: The transaction got dropped & replaced it says. The hacker replaced this txn with one which has more gas. The hack still took place