According to Foresight News, Web3 security company ExVul Security analyzed the Cetus security incident, stating that hackers exploited the Cetus flashswap function. Due to issues with Cetus price calculation, the hackers manipulated the price and drained the liquidity from numerous pools. Currently, a large amount of funds has been transferred to the ETH chain through cross-chain bridges.
ExVul Security: Due to Cetus price calculation issues, hackers called its flashswap function to manipulate prices and drain liquidity
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