Security Incident
Zest Protocol Price Manipulation: $1.00M Reported Loss
The Bitcoin-native lending protocol, Zest Protocol twitted that it experienced an attack.
- Reported loss
- $ 1,000,000
- Attack category
- Price Manipulation
Incident Overview
The attacker lent out an amount exceeding the value of their collateral by artificially inflating its value. The attack has been mitigated, and all unauthorized access has been disabled. The attacker removed 324,000 STX from the protocol, and this loss will be compensated from the Zest Protocol's treasury, ensuring full reimbursement of user assets.
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.