Curve omnipool platform Conic Finance hacked for $3.2 million in ETH

Curve omnipool platform Conic Finance hacked for $3.2 million in ETH

POOL
+2.75%
Add to/Remove from Watchlist
Add to Watchlist
Add Space
Space added efficiently to:
Please identify your holdings portfolio

ETH/USD
-1.59%
Add to/Remove from Watchlist
Add to Watchlist
Add Space
Please identify your holdings portfolio

Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool.

Conic Finance has been exploited for $3.26 million in Ether (ETH), the Web3 possibility-alert source Beosin Alert reported on July 21. Practically your complete quantity of stolen cryptocurrency used to be despatched to a brand recent Ethereum take care of in staunch one transaction, per recordsdata offered by Beosin.

<em>Transactions on the take care of inspiring a flashloan exploit on Coin ETH Pool (NASDAQ:<span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/equities/pool-corp" id="64ba90489e723" class="aqlink js-hover-me" hoverme="aql" data-pairid="16943">POOL</a></span>). Offer: Etherscan</em>

Proceed Reading on Coin Telegraph

  U.S. Credit score Ranking Downgraded: How Will It Affect Your Investments?

Drop your queries here! ↴ we will answer you shortly.