CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Invezz 2023-07-11 10:42:07

DeFi platform Rodeo Finance loses $1.5M following manipulation hack

Arbitrum-based platform Rodeo Finance suffered an oracle manipulation hack on Tuesday (July 11). The attack saw the decentralized finance (DeFi) site losing around 810 Ether, worth approximately $1.5 million. Rodeo Finance exploited Cryptocurrency security company PeckShield tweeted about the incident detailing the fraudster transferring the assets to Ethereum from Arbitrum. After that, they swapped the The post DeFi platform Rodeo Finance loses $1.5M following manipulation hack appeared first on Invezz .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.