Arcadia Finance, a DeFi platform operating on the Base blockchain, suffered a $2.5 million exploit due to a vulnerability in its Rebalancer contract. According to blockchain security firm Cyvers, the attacker manipulated the contract’s swapData parameters, initiating a rogue swap that drained user vaults.
The exploit occurred on Tuesday at 04:05:58 UTC, with the attacker deploying ... https://coinheadlines.com/news/blockchain-news/arcadia-finance-exploited-for-2-5m-on-base-funds-swapped-to-weth/