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

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

👀 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:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines