Cashio Contract Vulnerability: $52.03M Reported Loss
The stablecoin project Cashio on Solana has been hacked.
- Reported loss
- $ 52,027,994.22
- Attack category
- Contract Vulnerability
Incident Overview
According to the preliminary analysis of the SlowMist security team, hackers illegally issued 2 billion CASH tokens by bypassing an unverified account, and converted CASH tokens into 8,646,022.04 UST, 17,041,006.5 USDC and 26,340,965.68 USDT-USDC through multiple applications. LP, total profit value: 52027994.22 USD (more than 50 million USD). At present, the official announcement has been issued to allow users to suspend the use of the contract, and a temporary patch has been released to fix the vulnerability.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.