According to Foresight News, Cyvers Alerts has released an analysis of the recent hack on Rho Markets. The report indicates that the root cause of the incident appears to be the malicious actors gaining access to and controlling the Oracle. This breach has impacted the USDC and USDT pools. As of now, the attackers hold approximately $7.6 million across multiple chains.
Rho Markets Hacked Due To Oracle Exploit
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