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Curve omnipool platform Conic Finance hacked for $3.2 million in ETH

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👀 Curve omnipool platform Conic Finance is investigating an exploit on the Ethereum omnipool, which reportedly allowed hackers to steal $3.2 million.

by the blockchain security firm Peckshield, the root cause came from the new CurveLPOracleV2 contract.

“Our audit identifies a similar read-only reentrancy issue. However, the same issue is introduced in the newly introduced CurveLPOracleV2 contract, which was not part of the audit scope,” Peckshield wrote.Magazine:

 

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DeFi hacks are not something new to the industry. According to a report by Web3 portfolio app DeFi hacks and scams allowed hackers to steal more than $204 million in the second quarter of 2023 alone.

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