Security team: Arcadia Finance was attacked due to lack of trustless input validation

Binance News · 2023-07-10T06:34:13.000Z

The on-chain margin protocol Arcadia Finance was attacked on Ethereum and Optimism, with a loss of approximately US$455,000. PeckShield posted on Twitter that Arcadia Finance was attacked due to the lack of trustless input verification. Hackers exploited this vulnerability to obtain data from darcWETH and Withdraw funds from the darcUSDC vault.

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The on-chain margin agreement Arcadia Finance was attacked on Ethereum and Optimism, resulting in a loss of approximately $455,000. PeckShield posted on Twitter that Arcadia Finance was attacked due to a lack of trustless input verification, and hackers exploited the vulnerability to extract funds from the darcWETH and darcUSDC vaults.

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