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The Curio Ecosystem DeFi project suffered a significant security breach over the weekend of March 23, leading to a loss of $16 million due to an exploit. The attack was facilitated by a permission access logic flaw in the smart contract, which allowed the attacker to mint an additional 998B CGT governance tokens. In response, Curio has announced a recovery strategy that includes a swift containment of the impact, implementation of enhanced security measures, and plans to issue a detailed post-mortem report. Additionally, Dolomite_io has successfully retrieved 90% of the funds and plans to distribute them to the impacted victims.
Over the weekend of March 23, the Curio defi project @curio_invest suffered an attack, resulting in the loss of 💰$16 million worth of assets. The primary reason for the exploit is a permission access logic vulnerability in the smart contract based on @MakerDAO, which the… https://t.co/gHPC9vyXHr
🚀Exciting news! CurioDAO's recovery strategy from the recent exploit is underway. Here's what's happening: - Swift Response: Our team acted immediately to contain the impact. - Enhanced Security Measures: Implementing robust security protocols to prevent future incidents. -…
The Curio defi project suffered an attack, and Cyvers Alerts experts estimated the damage at $16 million https://t.co/ZcR64DMprx
