Decentralized finance platform Zunami Protocol has become the latest protocol to be hacked after confirming on Sunday that bad actors hacked its liquidity pool on Curve.
The exploit led to the protocol losing over $2.1 million, according to estimates from blockchain security firm PeckShield and Ironblocks.
Details Of The Hack
The protocol confirmed the hack on Sunday, with security firm PeckShield confirming it as well. The protocol advised users to refrain from purchasing any of its Zunami Ether (zETH) or Zunami USD (UZD) stablecoins following the attack. The protocol further added that collateral remained secure and it was investigating the cause of the exploit.
“It appears that zStables have encountered an attack. The collateral remain secure, we delve into the ongoing investigation. Please do not buy zETH and UZD at the moment; their emission has been attacked.”
Blockchain security firm PeckShield, in an analysis of the attack, estimated that around $2.1 million was sto
We współpracy z: https://cryptodaily.co.uk/2023/08/defi-protocol-zunami-loses-over-2m-in-price-manipulation-exploit
