GoPlus Security 🚦 (@GoPlusSecurity): The @USPD_io stablecoin protocol on Ethereum was exploited via a proxy initialization frontrunning attack.🧵
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
The @USPD_io stablecoin protocol on Ethereum was exploited via a proxy initialization frontrunning attack.🧵 The attacker waited 80 days before triggering the exploit, stealing 232 $stETH + 300k $USDC (~$1M total).