16
The attacker created (minted) 58 million of the protocol’s CVG token using a vulnerability in the protocol’s codebase, and swapped the tokens for 60 wrapped ether (wETH) and 15,900 crvFRAX stablecoin using liquidity pools on Curve, web3 security auditing firm QuillAudits said.
You Might Be Interested In
- Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes
- Crypto Daybook Americas: Bitcoin Loses Allure to Gold as Economic Concerns Rise
- Justin Sun Calls for Reform of Hong Kong's Trust Laws After TUSD Misappropriation Allegations
- Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries
- DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says
- Uptrend in Bitcoin's Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says
You Might Be Interested In
- Fidelity Files for OnChain U.S. Treasury Fund, Joining the Asset Tokenization Race
- CoinDesk 20 Performance Update: APT Falls 14.8% as Index Trades Lower Over Weekend
- South Korea Cuts Out Bitcoin Strategic Reserve Considerations: Report
- If U.S. Election Is Disputed, Prediction Markets Could Face 'Hornet's Nest'
- LINK, AAVE Rocket 30% as Trump’s World Liberty Financial Buys $2M Tokens
- Solana Hits Record vs. Ether, Outperforms Bitcoin as AI Memecoin Frenzy and Surging Revenues Fuel Rally