Rari Capital Contract Vulnerability: $14.00M Reported Loss
DeFi robo-advisor agreement Rari Capital stated on Twitter that its ETH fund pool had a vulnerability caused by the integration of the Alpha Finance Lab protocol, which was attacked.
- Reported loss
- $ 14,000,000
- Attack category
- Contract Vulnerability
Incident Overview
The rebalancer has now removed all funds from Alpha. The team stated that it is still investigating and evaluating, and a full report will be released in the future. Data shows that about 14 million U.S. dollars of funds were transferred by the attackers. The Alpha Finance team stated that the funds on Alpha Homora are safe. In this attack, the address of Rari Capital had previously attacked Value DeFi on the Binance Smart Chain.
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.