{
  "id": 2874528,
  "title": "DeFi lending protocol Term Finance loses an estimated $8.5 million to governance exploit",
  "url": "https://urgent.news/2026/08/23/defi-lending-protocol-term-finance-loses-an-estimated-8-5-million-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-23T20:50:45.000Z",
  "source": {
    "name": "The Block",
    "slug": "the-block",
    "url": "https://www.theblock.co/news/defi/2026-08-23-defi-lending-protocol-term-finance-loses-an-estimated-8-5-million-to-governance-exploit-412543"
  },
  "original_language": "en",
  "account": null,
  "summary": "Term vault proposals face a seven-day delay and can be vetoed by liquidity providers, yet those controls apparently did not stop the exploit.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}