
Vestra DAO has experienced a significant security breach, resulting in an estimated loss of approximately $480,000. The attack targeted the project's locked staking contract, which was compromised, leading to the unauthorized withdrawal of funds. Users have been advised to withdraw their stakes and pull liquidity immediately to mitigate further losses. The hacking incident has raised concerns about the security of decentralized finance (DeFi) protocols, which are increasingly vulnerable to such exploits. In response to the breach, Vestra DAO announced that it has blacklisted the compromised contract and is currently analyzing the situation to implement necessary security measures. The attack highlights the ongoing risks in the DeFi space, where traditional security measures may not be sufficient to prevent sophisticated hacks.
Looks like @Vestra_DAO has been hacked! 73 m $vstr stolen. Root cause: there's no code for remove user staking info, this means anyone who staked some amount can unstake several times. Hacker just called "unStake" several times. Cc @EthSecurity @shoucccc
Conduit 🤝 Forta With Forta Firewall, rollups on Conduit can screen and block malicious transactions before execution, so 99%+ of exploits can be detected and stopped https://t.co/qIiZPVqXha
Mark this down under 'how to stop the loss of $1.6B w/ superior ZK safety mechanisms' @bitfalls' retcon on crypto's biggest hacks thru an @Agglayer lens: https://t.co/OSWS1wFsC9





