How This Ethereum Lending Platform Was Attacked And Made A Deal With The Hacker

How This Ethereum Lending Platform Was Attacked And Made A Deal With The Hacker


Bitcoinist
2022-06-27 15:17:02

Ethereum lending platform XCarnival confirmed a bad actor stole $3.8 million or 3,087 ETH. According to a report from on-chain security firm Peck Shield, a hacker exploited a vulnerability on the protocol’s smart contract by borrowing ETH and creating “multiple pledge orders to pledge BAYC (Bored Ape Yacht Club NFTs) many times”. Related Reading | Morgan […]