Exactly Protocol

Exactly Protocol Bridge Suffers $7.6 Million Security Breach

Summary # Exactly Protocol on Optimism faced a critical security breach on August 18, resulting in a loss of around $7.6 million. The attackers exploited a vulnerability by manipulating market address inputs, allowing them to bypass key security checks within the protocol. This manipulation granted them unauthorized access to execute a deposit function maliciously, leading to the theft of a substantial amount of USDC from users. Attackers # The identity of the hackers who attacked Multichain is unknown. ...