Deep Tide TechFlow News, on January 7, according to IPOR Fusion official social media, its USDC Fusion Optimizer was hacked on the Arbitrum network, resulting in a loss of approximately $336,000 USDC. The IPOR team quickly launched an investigation after receiving security alerts from Hexagate and Blockaid on January 6, confirming that the attack targeted a specific old Fusion liquidity pool.
This attack affected only a particular configuration of the liquidity pool, with losses accounting for less than 1% of the total funds in the Fusion protocol. The IPOR team is working with SEAL organization and relevant security agencies to track and attempt to recover the funds. The IPOR decentralized autonomous organization will replenish the funds from the treasury to ensure the security of all affected users’ assets. The official emphasized that other Fusion liquidity pools were not affected.
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IPOR Fusion confirmed to have been hacked, resulting in a loss of $336,000
Deep Tide TechFlow News, on January 7, according to IPOR Fusion official social media, its USDC Fusion Optimizer was hacked on the Arbitrum network, resulting in a loss of approximately $336,000 USDC. The IPOR team quickly launched an investigation after receiving security alerts from Hexagate and Blockaid on January 6, confirming that the attack targeted a specific old Fusion liquidity pool.
This attack affected only a particular configuration of the liquidity pool, with losses accounting for less than 1% of the total funds in the Fusion protocol. The IPOR team is working with SEAL organization and relevant security agencies to track and attempt to recover the funds. The IPOR decentralized autonomous organization will replenish the funds from the treasury to ensure the security of all affected users’ assets. The official emphasized that other Fusion liquidity pools were not affected.