Robinhood Chain DEX Arcus loses $2.23M to an accounting bug "It said an accounting flaw allowed one account to withdraw $2.23 million USDG it was not entitled to." "The exchange…
Original source excerpt
Robinhood Chain DEX Arcus loses $2.23M to an accounting bug "It said an accounting flaw allowed one account to withdraw $2.23 million USDG it was not entitled to." "The exchange paused withdrawals, …
Robinhood Chain DEX Arcus loses $2.23M to an accounting bug "It said an accounting flaw allowed one account to withdraw $2.23 million USDG it was not entitled to." "The exchange paused withdrawals, patched the issue, reimbursed the shortfall from its treasury. So the attacker inflated a recorded balance through transfers between sub-accounts and withdrew $2,234,391 USDG." "Crypto, you know, has become known for having high security, no exploits, no hacks. So the fact that somebody in crypto is able to steal $2 million just blows my mind. That's sarcasm." "It happens every single day. Not just once, but twice, or three, or four, or five times." "Every single time almost now we've had a platform step in, even Binance with $6 billion, step in and plug the hole. But that does not mean that your assets are generally safe right now in most of these places.
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