Team Finance, a crypto token launchpad, has disclosed a $14.5 million exploit related to a smart contract bug in its migration feature. In the aftermath of the exploit, the platform has paused all activities, according to a tweet.It has also urged the exploiter to contact it in order to receive a bug bounty payment. The exploit was related to a previously audited bug in the v2 to v3 migration function. Team Finance joins a slew of crypto firms that have recently exploited. According to DefiLlama data, the platform now has $129 million in total value locked (TVL) following the loss, down from $147 million yesterday.
