๐จ $1.7M NOTIONAL FINANCE EXPLOIT SEES 689
$ETH LAUNDERED THROUGH PRIVACY POOLS โ ๏ธ
Protocol security vulnerabilities continue to test DeFi market infrastructure. PeckShield reports that fixed-rate protocol Notional Finance suffered an escrow contract exploit, siphoning approximately $1.7 million in $DAI and
$USDC . ๐
The attacker immediately neutralized trace metrics by swapping the stablecoin assets into roughly 689.2
$ETH before routing the capital into Tornado Cash. ๐ While the core team investigates the root vector, smart money stays observant of structural protocol risks across lending derivatives. ๐ก
๐ค How will this security breach impact trader confidence across fixed-rate yield protocols? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#ETH #DeFi #CryptoSecurity #NotionalFinance #CryptoNews ๐ก๏ธ ๐