$1.5 million stolen from DeFi protocol Rodeo Finance
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$1.5 million stolen from DeFi protocol Rodeo Finance The hacker withdrew 810.1 ETH (~$1.5 million at the time of writing) from the Rodeo Finance DeFi protocol on the Arbitrum network through oracle manipulation. According to PeckShield analysis, after the attack, the attacker sent stolen assets to the Ethereum network, and then exchanged them for unshETH in order to transfer funds to the Ankr staking service. Subsequently, he laundered the cryptocurrency through the Tornado Cash mixer. Representatives of Rodeo Finance have not yet officially responded to the incident. Igor Igamberdiev, head of research at Wintermute, said The Blockthat the attack was
In a surprising turn of events, the hacker known as the “Alchemix/Curve Finance Exploiter” has returned a total of 4,819.55 alteth and 6106 Ethereum (ETH) to Alchemix Finance, as reported by the journalist Colin Wu. The hacker, who had gained unauthorized access to the protocol, had earlier demanded that the…
Magnate Finance, a DeFi lending protocol on the Ethereum layer-2 network Base, is reported to have conducted a rug pull, robbing its users of $6.4 million worth of assets. This event represents the latest troubling incident on the Base network in merely a month of its official mainnet launch. 3…
Key Highlights The hack targeted iEarn TUSD, a deprecated protocol deployed in 2020 that predates Yearn’s modern Vault system. Yearn Finance confirmed that its V2 and V3 Vaults, currently holding over $410 million, remain entirely unaffected. The attacker utilized flash loans from Aave V1/V2 and dYdX to manipulate the TUSD…