On June 26, a security breach ravaged the Resupply protocol, resulting in a staggering loss of around $9.5 million due to price manipulation tactics. The intruder inflated the share price of wrapped cvcrvUSD staked on Convex Finance by making strategic donations, disrupting Resupply’s CurveLend: crvUSD/wstUSR contract.
Continue Reading:Massive Loss as Resupply Struggles with Breach
Source: https://en.bitcoinhaber.net/massive-loss-as-resupply-struggles-with-breach