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Hackers Steal $3.2 Million Worth of Ethereum From Conic Finance DeFi Protocol

The decentralized finance (DeFi) protocol Conic Finance has lost more than $3.2 million worth of Ether (ETH) in two separate hacking incidents in recent days. The first attack, which happened on Friday last week, was des...

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Hackers Steal $3.2 Million Worth of Ethereum From Conic Finance DeFi Protocol
The decentralized finance (DeFi) protocol Conic Finance has lost more than $3.2 million worth of Ether (ETH) in two separate hacking incidents in recent days.
The first attack, which happened on Friday last week, was described by the Conic Finance team as a "re-entrancy attack” that exploited a vulnerability in Curve V2 pools, earning the attacker 1,700 ETH tokens.
“A fix to the affected contract is being deployed,” the team wrote....
Read More: Hackers Steal $3.2 Million Worth of Ethereum From Conic Finance DeFi Protocol

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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