[Summer.fi to Shut Down Due to July 6 Hack, Application to Operate Until August 31] Foresight News reports that DeFi yield platform Summer.fi announced via a tweet that it will cease operations following the July 6 attack on the Lazy Summer Protocol, which made it unable to continue running. Summer.fi stated that the attack directly resulted in a loss of approximately $6.1 million, and a significant portion of the team members' own assets were also stored in the compromised vault, further depleting the operational funds needed for rebuilding. The Summer.fi application will continue to operate until August 31, and the Lazy Summer DAO is working on processes to restore full vault withdrawals and redemptions.