DeFi
URGENT: Major Exploit on Base Ecosystem
Not many people know this yet but a massive exploit just hit a top-tier lending protocol on Base. Looks like a logic flaw in the new vault contract. Word is about $15M is already out the door and the
Not many people know this yet but a massive exploit just hit a top-tier lending protocol on Base. Looks like a logic flaw in the new vault contract. Word is about $15M is already out the door and the team is scrambling to pause the bridge. If you have bags sitting in any 'high-yield' pools over there, get your liquidity out or at least revoke permissions immediately. This could contagion fast if the stablecoin peg slips. Stay safe.