Security Incident
Sovryn Price Manipulation
Bitcoin DeFi application Sovryn tweeted that it found a vulnerability affecting the lending pool and was attacked.
- Reported loss
- 44.93 RBTC + 211,045 USDT
- Attack category
- Price Manipulation
Incident Overview
The attacker used the abandoned lending protocol to withdraw 44.93 RBTC and 211,045 USDT. After the developer detected the attack, the system entered maintenance mode. Half of the funds will be recovered, and any additional losses will be fully compensated by the treasury. A plan to restore system functions and provide post-mortem analysis will also be formulated in the future.
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.