Polygon’s stablecoin protocol QiDAO suffers $13 million exploit on third party contract

The latest cryptocurrency hack has targetted Polygon‘s native stablecoin protocol Qi DAO, as its Suplerfluid vesting contract faced an exploit earlier today. The hackers got away with a reported $13 m...

QiDao Experiences Exploit of Superfluid Smart Contract Code

The third crypto exploit occurred in the DeFi space less than a week after the Wormhole exploit and mere days after the Meter bridging hack that saw funds drained from a bridge exploit. QiDao has expe...

Polygon Protocol QiDAO Exploited, At Least $13M in Crypto Stolen

QiDAO, the native stablecoin protocol on Polygon blockchain, has become the latest target of hackers as its Superfluid vesting contract leading was exploited on Tuesday morning, the developers confirm...

Vesting Contract for Polygon DeFi Protocol QiDAO Exploited for $13 Million

Polygon-based DeFi protocol QiDAO fell victim to an exploit of its Superfluid vesting contract on Tuesday, resulting in a loss of approximately $13 million. The QiDAO protocol allows users to borrow s...

Polygon stablecoin QiDAO exploited for $13M on Superfluid vested contract

Polygon’s native stablecoin protocol QiDAO faced an exploit on its Superfluid vesting contract leading to a 65% drop in the price of the governance token QI. QI price fell from $1.24 to $0.18. QiDAO t...