The Block (@TheBlockCo): THE BLOCK: Summerfi says the $6M exploit came from manipulating the NAV/share price of two USDC vaults — not from hacked keys. The attacker prepped fo…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- USDC-30Negative
THE BLOCK: Summerfi says the $6M exploit came from manipulating the NAV/share price of two USDC vaults — not from hacked keys. The attacker prepped for at least 3 months. The Lazy Summer DAO will now discuss next steps, including user compensation.