The Ekubo crypto protocol became the target of a hacking attack. According to the latest data, losses on the Ethereum and Arbitrum networks amounted to approximately $1.4 million.
🔍 What happened?
The bad actors exploited a vulnerability in the EVM Router contracts version.
Mechanics: Hackers discovered a bug in the payCallback function, allowing them to drain funds from user wallets that had previously approved the protocol to use their tokens.