DeFi Platform Arcadia Finance Falls Victim to $455K Hack on Ethereum and Optimism

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DeFi Platform Arcadia Finance Falls Victim to $455K Hack on Ethereum and Optimism

Arcadia Finance has joined the growing list of DeFi protocols to lose funds in hack exploitation. The hackers leveraged a code vulnerability to siphon about $455,000 from the protocol’s Ethereum and Optimism vaults.
Blockchain sleuth PeckShield alerted about Arcadia’s exploitation in a July 9 tweet. In the tweet, PeckShield also highlighted the cause of the attack….
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