Huma Finance's older V1 contract was attacked, resulting in the theft of approximately $101,000 USDC.

This article is machine translated
Show original
According to Mars Finance, on May 11th, Huma Finance officially disclosed that its old V1 contract on Polygon was exploited today, resulting in the outflow of approximately 101,400 USDC. The project team stated that this incident did not affect user fund security, and Huma Finance PST was unaffected. Its V2 system on Solana is a completely rebuilt version and is unaffected by the vulnerability. Huma stated that the team had previously been working on gradually phasing out the V1 liquidity pools and has now completely suspended all V1-related contracts, and will continue to handle the remaining cleanup work.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
69
Add to Favorites
19
Comments