Odaily Planet Daily News Liquidity providing platform Wootrade responded to today’s contract attack by saying that a WOOFi oracle on the Arbitrum chain was attacked by flash loans, and the WOO price was manipulated in order to use lower prices for repeated payments in flash loans. The WOOFi team communicated with partners within 15 minutes of the incident, suspended the relevant contracts and launched an investigation. The impact of this incident was limited, and there was no risk to user assets in WOOFi Earn and WOOFi pledged assets. Progress will be updated in a timely manner. .