Exactly Protocol - REKT
L2s have been going through something of a rekt-naissance lately. Exactly Protocol got hit for $7.2M by an exploit which drained users' collateral. Will Exactly ever financially recover from this?
L2s have been going through something of a rekt-naissance lately. Exactly Protocol got hit for $7.2M by an exploit which drained users' collateral. Will Exactly ever financially recover from this?
Another week, another rug. This time, Kokomo Finance took off with $4M, before deleting their online presence. Less than a week old, and Kokomo has already flatlined.
dForce Network was hit for $3.65M on both Arbitrum and Optimism. This attack on two fronts exploited a common reentrancy vulnerability. How much more will be lost to this bug?
The glass is half-empty for Wintermute who have lost 20M OP, worth ~$27.6M at the time of the incident. In an already struggling market, actions such as these make it hard to remain Optimistic.