Exactly Protocol lost about $7.2 million as a result of the hack

Date: 2023-08-20 Author: Karina Ziganova Categories: BUSINESS, IN WORLD
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DeFi platform Exactly Protocol has been hacked. Using the vulnerability, the attacker withdrew 4,300 ETH ($7.22 million), according to PeckShield analysts.

The administration confirmed the fact of anomalous activity, noting that it was investigating the precedent. One of the commentators pointed out the possible address of the cracker.

Phalcon experts also announced an attack on the server. Other details of the hack are still unknown. Presumably, the situation affected the USDC pool.

The protocol TVL has dropped from $39.53 million to $16 million at the time of writing, according to DeFiLlama:
Показатель TVL Exactly Protocol. Источник: DeFiLlama.
The RocketSwap exchange lost $866,000 as a result of the hack. The hacker took advantage of the fact that the private key of the administration was placed on the server.
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