🚨 $NIM POLYGON CONTRACT EXPLOITED FOR $50K AFTER CRITICAL SIGNATURE VERIFICATION FAILURE! 🔻
🔍 A zero-signature verification oversight in $NIM OpenGSN paymaster architecture allowed a targeted liquidity drain on Polygon worth $50.4k. The exploit vector forged an open HTLC request, systematically extracting USDC, USDT0, and USDC.e from liquidity pools via precomputed hash locks.
📌 While Nimiq has halted Gas Abstraction stablecoin functions to mitigate further exposure, contract-level security vulnerabilities highlight how institutional liquidity remains vulnerable to unchecked relay execution parameters. 💬 Do you double-check smart contract audit reports before providing liquidity to cross-chain protocols? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #NIM #Polygon #DeFi #CryptoSecurity
🚨 🛡️
🔍 A zero-signature verification oversight in $NIM OpenGSN paymaster architecture allowed a targeted liquidity drain on Polygon worth $50.4k. The exploit vector forged an open HTLC request, systematically extracting USDC, USDT0, and USDC.e from liquidity pools via precomputed hash locks.
📌 While Nimiq has halted Gas Abstraction stablecoin functions to mitigate further exposure, contract-level security vulnerabilities highlight how institutional liquidity remains vulnerable to unchecked relay execution parameters. 💬 Do you double-check smart contract audit reports before providing liquidity to cross-chain protocols? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #NIM #Polygon #DeFi #CryptoSecurity
🚨 🛡️