According to the official Twitter account of the Oracle attack.Many pools affected by the attack were disabled, and Solend said it provided the address of the abuser to the crypto exchange.
His Solend of Solana Defi application lost his $1.26 million in Oracle exploits
The cryptocurrency community said he had two major hacks in the last 24 hours. confirmed. ) protocol solenoid. The team’s official Twitter account tweeted about the loss after stating that it was hit by an Oracle attack that affected many isolated pools. Oracle attack on USDH has been detected resulting in $1.26 million in bad debt,” Solend tweeted. “All other pools including main pool are safe. The pool has been disabled and the exchange has been notified of the address of the abuser — please note that the attack did not involve Pyth,” Solend team added. did.
The Solend exploit was also reported by blockchain and smart contract security auditors Peckshield and Certik. “Sollend detected an oracle attack that resulted in approximately $1.26 million in bad debt. The affected pool has already been disabled,” said Peckshield , the company’s $37,900 told his Twitter followers in person. Certik also confirmed the exploit on Twitter when the company wrote:
Solend said that the Oracle attack against USDH led to the separation of Stable, Coin98, and Kamino. Reported to have affected the pool. Affected pools are disabled — stay vigilant.
Solend’s hack follows cryptocurrency options giant Deribit losing his $28 million in a hot wallet attack on November 1, 2022. Certik’s “2022 Q3 Hack3d Report” shows that malicious actors exfiltrated more than $504 million in value from his Web3 protocol in Q3 2022 emphasizes the fact that
Image CreditsShutterstock, Pixabay, Wiki Commons