Decentralized exchange aggregator Dexible disclosed that they had suffered an exploit of one of their smart contracts, which allowed an attacker to steal funds from customer wallets. The exploit impacted 17 traders, most notably the investment firm BlockTower Capital. BlockTower suffered the largest loss, with the attacker stealing 18 million TrueFi tokens, notionally worth around $1.5 million.
The attacker was able to swap their tokens for 931 ETH ($1.57 million), which they then laundered through Tornado Cash.
“There’s no excuse for an exploit, but these things happen,” the project wrote on Twitter.
This content was sourced from Web3IsGoingGreat
