The Curio DeFi project was attacked, the damage from which Cyvers Alerts experts estimated at $16 million.
The decentralized protocol is focused on providing Web3 investors in RWA with infrastructure services to attract liquidity.
On Saturday, March 23, the Curio team warned the community about the exploit of the MakerDAO smart contract, which is used in the ecosystem. According to the statement, the incident occurred on the Ethereum side.
"This has only affected a part of our ecosystem, which underscores the importance of multi-blockchain infrastructure. Please wait for the refund plan to be published — " the developers wrote.
According to experts at Cyvers Alerts, the attacker took advantage of a vulnerability in the access authorization logic and issued 1 billion CGT management tokens. At the time of writing, the hacker holds in the wallet these assets worth $39.7 million.
The decentralized protocol is focused on providing Web3 investors in RWA with infrastructure services to attract liquidity.
On Saturday, March 23, the Curio team warned the community about the exploit of the MakerDAO smart contract, which is used in the ecosystem. According to the statement, the incident occurred on the Ethereum side.
"This has only affected a part of our ecosystem, which underscores the importance of multi-blockchain infrastructure. Please wait for the refund plan to be published — " the developers wrote.
According to experts at Cyvers Alerts, the attacker took advantage of a vulnerability in the access authorization logic and issued 1 billion CGT management tokens. At the time of writing, the hacker holds in the wallet these assets worth $39.7 million.
