- Two prominent DeFi protocols, Exactly and Harbor, have suffered separate attacks, raising concerns about vulnerabilities in the DeFi space.
- Exactly, a credit market on the #Optimism network, was attacked by exploiting a weakness in its smart contracts, resulting in the theft of approximately 4,323.6 Ether (ETH) valued at around $7.3 million.
- Harbor, an interchain stablecoin protocol, also fell victim to a hack on the same day, with losses from its #stable-mint and vaults containing stOSMO, LUNA, and WMATIC tokens.
- The motive behind these attacks is unclear, but the liquidity available in bridge protocols like Exactly and Harbor makes them attractive targets for hackers.
- These incidents are part of a series of #security breaches in the #DeFi ecosystem, highlighting the importance of robust security measures and thorough testing before deploying #new solutions.
- The challenges and risks associated with DeFi continue to be emphasized as the ecosystem evolves.
