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GoPlus Security 🚦 (@GoPlusSecurity): 🧵1/5

Estimated coin impact

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Impact unavailable

🧵1/5 ⚠️Vulnerability Analysis: Breakdown of the Stake DAO Exploit DeFi protocol @StakeDAOHQ’s StakeDAO contract deployer address on #Arbitrum was suspected to have had its private key compromised. The attacker used the address to set a malicious contract as a Peer, then executed cross-chain minting transactions to mint approximately 54.5 trillion vsdCRV tokens, with part of the funds already swapped into ETH.

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