hacker has stolen 30,437 OHM tokens (approximately $300,000) from one of the Bond Protocol smart contracts at the Olympus DAO. The incident occurred due to the hacker’s failure to verify a malicious transfer request. according toSecurity company PeckShield said.
Affected contract, also known as “BondFixedExpiryTeller” is used to open bonds in Olympus DAO OHM tokens. It promises a lack of validation in the “redeem()” function, which allows attackers to spoof input values.
In the official Discord, Team Olympus has acknowledged the invasion andsaid : “There was an intrusion this morning where an attacker managed to withdraw approximately 30K OHM ($300K) from the OHM bond contract at the Bond Protocol,” the rest of the team said.another 217 million dollarsThe stake on Olympus DAO is safe.
Recently, however, hackers havenightAll the stolen tokens have been returned. After negotiations have been reached, an Olympus DAO spokesperson said.
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