đŸ”„JP Morgan-owned DeFi platform Onyx has been hacked for the second time this year.

âžĄïž A hacker took advantage of a known vulnerability in the protocol and took possession of several crypto assets valued at $3.8 million.

âžĄïž The exploit was accompanied by malicious activity on social networks, where owners of assets placed in Onyx were offered to transfer them to fake addresses.

âžĄïž The attack resulted in the loss of the peg of Onyx's own stablecoin, VUSD, which fell to $0.28, and at the time of writing, had recovered its value to $0.55.