May 4, 2024
Security News

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