DeFi Ecosystem Confronts Evolving Smart Contract Vulnerabilities and Systemic Risk
The pervasive reliance on complex smart contract logic and external data feeds introduces critical attack vectors, demanding a paradigm shift in security posture to mitigate multi-billion dollar exposures.
Onyx Protocol NFT Liquidation Contract Exploited, Draining $3.8 Million
A critical flaw in Onyx Protocol's NFT liquidation contract enabled vUSD stablecoin draining, highlighting risks in complex DeFi contract interactions.
Nemo Protocol Suffers $2.6 Million Exploit Due to Unaudi
A developer's unauthorized code deployment and flash loan vulnerability led to a $2.6 million loss, exposing critical internal control failures.
