Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool.
Conic Finance was exploited for $3.26 million in Ether (ETH), the Web3 threat-alert supply Beosin Alert reported on July 21. Virtually all the amount of stolen cryptocurrency was sent to a brand new Ethereum tackle in precisely one transaction, according to knowledge supplied by Beosin.
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