StakeDAO exploit creates 5.4 trillion vsdCRV but nets only $91K

Bearish-7.97%

27 May, 15:07

Source: Cointelegraph

AI Summary

StakeDAO suffered an exploit where an attacker minted 5.4 trillion vsdCRV tokens but only realized $91K due to insufficient liquidity, with 43.7 ETH bridged to Ethereum.

StakeDAO exploit creates 5.4 trillion vsdCRV but nets only $91K

PeckShield said the attacker bridged 43.7 ETH to Ethereum after minting trillions of vsdCRV, while EmberCN said most of the remaining tokens had insufficient liquidity to sell.