A newcomer to the DeFi lending space was targeted, and a weakness was exploited, resulting in the loss of millions.
This is yet another addition to the already substantial amount of crypto losses for the current year.
Another Day, Another Loss
The on-chain security and data analytics company Peckshield stated earlier today on X that the money market aggregator CrediX suffered an attack, resulting in approximately $4.5 million in losses.
The firm noted that an admin wallet account ending in “EC662e” with various roles, including POOL_ADMIN, BRIDGE, ASSET_LISTING_ADMIN, EMERGENCY_ADMIN, and RISK_ADMIN, was used in the scheme. These all have varying functions that control and manage the protocol’s funds.
The bridge role is the one that led to the draining of funds, which included acUSDC tokens, which are a wrapped version of the USDC stablecoin. The outflows were carried out through various protocols and bridges, including deBridge Finance, Fly (formerly MagPie), Shadow Exchange,
We współpracy z: https://cryptopotato.com/lending-platform-credix-loses-4-5-million-in-exploit/
