protocol Arcadia Finance by exploiting a code vulnerability.about the hack on Arcadia Finance, pointing out the cause as “the lack of untrusted input validation.” The code supposedly lacked a validation mechanism to cross-check unverified inputs. This loophole allowed the hacker to drain funds worth roughly $455,000 from Ethereum and Optimism vaults collectively.Arcadia Finance has not yet responded to Cointelegraph’s request for comment.
Arcadia Finance confirmed the hack two hours after PeckShield’s intimation and subsequently paused the contracts to prevent further bleeding of funds.We have paused the contracts and are investigating the root-cause with security experts as we speak. More info will follow as it comes available.
PeckShield reveals the cause of Arcadia Finance hack. The code did not validate untrusted inputs. Hacker drained $455K from darcWETH and darcUSDC vaults.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Yellen calls for China cooperation on climate finance: It's 'critical' to combat the 'existential threat'U.S. Treasury Secretary Janet Yellen met with Chinese government officials again on Saturday, calling for close cooperation and communication on climate finance.
Herkunft: FoxBusiness - 🏆 458. / 53 Weiterlesen »
NYC influencers dish on best spots to find ‘sugar daddies,’ ‘finance bros’These Big Apple influencers know where men with money wine and dine – and now they’re dishing on the best spots for finding “wealthy bachelors,” “sugar daddies” and “finance bros.”…
Herkunft: nypost - 🏆 91. / 67 Weiterlesen »
Yellen nudges China on climate finance cooperation during Beijing visitThe Treasury secretary made a public plea for Chinese leaders to support existing international climate funds during her visit to Beijing this week.
Herkunft: politico - 🏆 381. / 59 Weiterlesen »
Ex-Army Finance Counselor Swindled Gold Star Families, U.S. SaysA former U.S. Army financial counselor used his position to bilk two dozen dead service members’ families out of life insurance and other benefits by steering them to investments on which he was secretly reaping hefty commissions, federal prosecutors said Friday. The former counselor, Caz Craffy, was charged with wire and securities fraud and other crimes for what prosecutors said was a scheme that cost the Gold Star families — immediate relatives of service members who died while serving — $3.4
Herkunft: YahooNews - 🏆 380. / 59 Weiterlesen »
France upbeat on attracting major Tesla investment, finance minister saysFrench Finance Minister Bruno Le Maire on Sunday said he was 'very hopeful' Tesla Chief Executive Elon Musk will pick France for a substantial investment linked to the production of electric vehicles in Europe.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »