RHEA is exploited for $7.6M, Tether freezes $3.29M USDT
RHEA is exploited for $7.6M, Tether freezes $3.29M USDT Rhea Finance is dealing with an exploit tied to a vulnerability in its Margin Trading feature, which enabled a coordinated pool manipulation attack. The incident affected the Rhea Lend smart contract, while the Rhea DEX was not compromised. That’s now the fifth hack in a week. As DeFi products get more complex, the cost of smart contract bugs, flawed mechanisms, and overlooked attack surfaces keeps getting higher. 👉 x.com/rhea_finance/status/2044934579774251493?s=20
The excerpt is quoted from a public Telegram channel, which owns its text.