compoundv2
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#PeckShieldAlert
It seems today's victim #OnyxDAO (w/ >$3.8m loss) falls prey to a known precision issue in forked #compoundv2 code base. The drained funds include 4.1m VUSD, 7.35m $XCN , 5k DAI, 0.23 WBTC, 50k #USDT .
The bug is exploited to leverage a nearly empty market to manipulate the exchange rate and here is the related hack tx
It seems today's victim #OnyxDAO (w/ >$3.8m loss) falls prey to a known precision issue in forked #compoundv2 code base. The drained funds include 4.1m VUSD, 7.35m $XCN , 5k DAI, 0.23 WBTC, 50k #USDT .
The bug is exploited to leverage a nearly empty market to manipulate the exchange rate and here is the related hack tx
An old #compoundv2 protocol was hacked. The lost is about 320k.
The lost includes: ~46 #WBNB, ~30k #BUSD , ~178k BUSDT, ~4k USDC, ~3k DAI, ~14.6 ETH, ~1.32 BTC The root cause is the #ExchangeRate manipulation.
Once the exchangeRate been controlled, hacker could borrow more than their collateral. The contract uses a old Compund V2 protocols which has a known vulnerability. (via AnciliaInc on X)
https://bscscan.com/tx/0x93372ce9c86a25f1477b0c3068e745b5b829d5b58025bb1ab234230d3473b776
The lost includes: ~46 #WBNB, ~30k #BUSD , ~178k BUSDT, ~4k USDC, ~3k DAI, ~14.6 ETH, ~1.32 BTC The root cause is the #ExchangeRate manipulation.
Once the exchangeRate been controlled, hacker could borrow more than their collateral. The contract uses a old Compund V2 protocols which has a known vulnerability. (via AnciliaInc on X)
https://bscscan.com/tx/0x93372ce9c86a25f1477b0c3068e745b5b829d5b58025bb1ab234230d3473b776