A post-mortem released Friday showed the funds were lost in a “reentrancy” attack.
Source
Ola Finance Says Attackers Stole $4.7M in Re-Entrancy Exploit
Related posts
-
Blackhat Crypto Hackers Stole $409M in Q3: Immunefi
“We’re seeing a higher number of incidents targeting DeFi, while CeFi experiences fewer incidents but often... -
DEX Curve Finance Mulls Removing TrueUSD (TUSD) as Collateral for Stablecoin Curve USD (crvUSD)
“WormholeOracle” proposed reducing the upper limit on TUSD backing for crvUSD to zero, meaning that TUSD... -
Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
Congressman Warren Davidson has introduced the Evaluating Defi Opportunities...
