Inverse Finance hacked again for $1.2M⚠️
Hashing Bits | Week-24
Events Under the Spotlight 🔎
Inverse Finance exploited for $1.2M
Inverse Finance’s Frontier money market was subject to an oracle price manipulation incident.
It resulted in a net loss of $5.83 million in $DOLA, with the attacker earning a total of $1.2 million.
The attack was possible due to the protocol using external Curve pool balances to calculate the value of their liquidity provider tokens.
The attack was performed by a front-running bot that front-runs the original hack.
Initial funds to perform the attack were withdrawn from Tornado Cash.
A vulnerability was found in OpenSea’s smart contract
OpenSea disclosed a vulnerability in their smart contract, which made it possible in some instances for sellers to accept offers on Shared Storefront items and receive payment without owning the NFT.
A Bug detected in Solidity
A previously unknown bug was found in Solidity.
It causes the silent discard of important memory operations.
The New Solidity version was released later.
Fswap was hacked for 1,751.6293 BNB
Fswap was attacked for 1,751.6293 BNB or $390,085.79.
The attack occurred due to an error in the fee-charging mechanism of the protocol.
To the Numerophiles out there 🔢
OpenSea announces new security features to protect users from NFT scams.
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