DeFi yield aggregator Zunami Protocol suffers $2.1 million loss in exploit | Headlines | News | CoinMarketCap
08/14/2023 10:08
DeFi yield aggregator Zunami Protocol has been hit with an exploit that may have led to losses of over $2.1 million, according to security firm …
DeFi yield aggregator Zunami Protocol has been hit with an exploit that may have led to losses of over $2.1 million, according to security firm PeckShield.
PeckShield tweeted on Monday morning in Asia that it had detected an ongoing attack involving two key transactions. PeckShield added that the stolen funds had been washed via mixing service Tornado Cash.
“It appears that zStables have encountered an attack,” Zunami tweeted following PeckShield’s warning, adding that the collateral remained secure and the team has started to investigate.
“Please do not buy zETH and UZD at the moment. [Their] emission has been attacked,” Zunami said.
Zunami did not immediately respond to The Block’s request for comment.
Price manipulation attack
PeckShield said in its tweet that the hack was a …