DeFi Protocol Exactly Loses $12 Million In Optimism Layer 2 Hack – Details

DeFi Protocol Exactly Loses $12 Million In Optimism Layer 2 Hack – Details

In a concerning trend for the decentralized finance, or DeFi space, two prominent protocols – Exactly and Harbor – have fallen victim to separate attacks. These incidents, the latest in a string of recent exploits, have highlighted the vulnerabilities that can arise within the relatively new and experimental world of DeFi.
Exactly, a credit market operating on the Optimism network, clearly did not see it coming. The attack, first uncovered by blockchain security firm DeDotFi, involved hackers exploiting a weakness in Exactly’s smart contracts. Security firm PeckShield said on X (formerly Twitter) that it had “detected an ongoing attack.”
Update: After a thorough review of the Exactly Protocol Hack, we have concluded that the total of stolen amount up to date is ~$7.2M (4323.6 $ETH)
Eventually, they bridged ~1490 $ETH, using Across Protocol, and 2,832.92 $ETH to Ethereum via Optimism Bridge:… https://t.co/s61ai1OEMd
— De.Fi Web3 Antivirus (@DeDotFiSecurity) August 18, 202

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