April 23, 2024

BlockSec: a buggy smart contract on Mirror Protocol, a Terra DeFi app for betting on stocks using synthetic assets, was exploited for ~$90M over seven months

protocol terra defi 90mchawla theblock

BlockSec: a buggy smart contract on Mirror Protocol, a Terra DeFi app for betting on stocks using synthetic assets, was exploited for ~$90M over seven months  —  Quick Take  — The exploit was accidentally discovered by a Terra community member last week.  — It has been confirmed by security analysts BlockSec.
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