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OnyxDAO Hit by $3M Hack: Exploit Targets Decentralized Protocol

OnyxDAO Hit by $3M Hack: Exploit Targets Decentralized Protocol


coinpedia
2024-09-26 15:52:39

The post OnyxDAO Hit by $3M Hack: Exploit Targets Decentralized Protocol appeared first on Coinpedia Fintech News OnyxDAO has been hacked, losing approximately $3.2 million, according to blockchain security firm PeckShield. The firm traced the exploit to a precision flaw in the CompoundV2 code base, which allowed hackers to manipulate the exchange rate and siphon off funds. The stolen assets include VUSD 4.1 million, XCN 7.35 million, 5,000 DAI, 230 WBTC, and …


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