- DeFi protocol dForce announced that its vaults on Arbitrum and Optimism vaults were hacked.
- dForce immediately paused the vaults, declaring that the rest of the protocol and funds remains safe.
- Reportedly, the hacker liquidated around $3.6 million worth of ETH.
Integrated DeFi protocol platform dForce posted on its official Twitter account that wstETH/ETH Curve gauge vaults on Arbitrum & Optimism were exploited a few hours ago. The account simultaneously shared that it immediately paused the dForce vaults.
wstETH/ETH Curve gauge vaults on Arbitrum & Optimism were exploited a few hours ago, and we immediately paused the dForce Vaults – other parts of the protocol remain intact and user funds are SAFE with dForce Lending.We will come back with a detailed report and remedies soon.
— dForce (@dForcenet) February 10, 2023
The tweet also mentioned that parts of the protocol remain intact and user funds are secure with dForce Lending. dForce added: We will come back with a detailed report and remedies soon.
Smart contract audit platform BlockSec also tweeted updates regarding the same. It announced that the root cause of the attack was the “well-known read…
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