
Onyx Protocol has been exploited for the second time within a year, resulting in a loss of approximately $3.8 million. The attack targeted vulnerabilities in the Compound V2 codebase and the NFT liquidation contract. The stolen assets include 4.1 million VUSD, 7.35 million XCN, 5,000 DAI, 0.23 WBTC, and 50,000 USDT. The attacker currently holds 521 ETH, valued at $1.36 million. This follows a previous attack last October, which resulted in a $2.1 million loss due to a flash loan and rounding vulnerability. During the recent exploit, the stablecoin VUSD briefly depegged as much as 90%.
According to @peckshield Onyx DAO suffered losses exceeding $3.8 million, due to a familiar flaw in the forked CompoundV2 codebase. The stolen assets consist of 4.1 million VUSD, 7.35 million XCN, 5,000 DAI, 0.23 WBTC, and 50,000 USDT. Peckshield said the vulnerability allowed… https://t.co/bViqUwrtok
$3.8M Lost Due to 2nd Onyx Protocol Exploit; Decentralized finance app hit by old bug & new input vulnerability.
Onyx Protocol hacked again for $3.8M via known bug. 👀 https://t.co/pbLf8VuM4J









