Hacker Drains $9.6 Million From DeFi Stablecoin Protocol Resupply – Decrypt
A hacker exploited a vulnerability in Resupply’s exchange rate system, draining $9.6 million by manipulating token prices and bypassing collateral checks. The stolen funds were laundered through Tornado Cash.
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DeFAI layer Edwin blends wallets and AI chatbot with terminal launch
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Jumper Exchange integrates Etherlink for cross-chain access to Tezos L2
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Stablecoin protocol Resupply loses $9.6M to price manipulation exploit
DeFi protocol Resupply lost $9.6M due to a price manipulation exploit in its wstUSR market, involving synthetic stablecoin cvcrvUSD. The attacker used minimal collateral to borrow funds, swapped to ETH, and split across addresses.
Resupply.Fi Hacked for $9.6M, Who Has Been Affected? – Coinspeaker
Resupply.Fi suffered a $9.6M hack due to a bug allowing attackers to manipulate the wstUSR market. Funds were sourced via Tornado Cash, swapped to ETH, and moved to anonymous wallets.
World Liberty Financial readying to enable WLFI token transfers amid institutional interest
World Liberty Financial plans to enable WLFI token transfers amid institutional interest. The DeFi project, part-owned by Donald Trump, is developing a mobile app and auditing its USD1 stablecoin.
Stablecoin Protocol Resupply Exploited for $9.5M After Attacker Inflates Token Price
Stablecoin platform Resupply lost $9.5M due to an exploit where an attacker inflated cvcrvUSD token price to borrow reUSD cheaply, exploiting faulty price logic in CurveLend contract.
Stablecoin Protocol Resupply Suffers $9.5M Exploit
Resupply, a decentralized stablecoin protocol, suffered a $9.5M exploit due to exchange rate manipulation in a low-liquidity market. The attacker inflated token prices, bypassed solvency checks, and stole funds via Curve and Uniswap.
