Crypto prices rallies come and go, but some things never change – pirates. The last victim? Nemo, a yield protocol based on the AU blockchain.
The protocol was the victim of a feat of $ 2.4 million on Monday, stressing the persistent vulnerabilities in decentralized finance (Challenge) Despite the growing institutional adoption of digital assets.
The malicious entity stolen USDC, the shield at Pius to a dollar issued by Circle Internet (CRCL)Punching the stolen tokens of the arbitrum in Ethereum, the blockchain’s security and data analysis company, Peckshield, said on X.
Nemo is a DEFI yield optimization platform built on the AU blockchain. It allows users to tokenize their performance by dividing the active assets in main tokens (Pt) and give in tokens (Yt) And allows them to trade, hide or speculate on future yields.
After hacking, the total value locked in Nemo yield trading sang at $ 1.53 million, against more than $ 6 million, according to Data Source Defillama.
