PANews, September 11 news, the DeFi protocol Nemo on Sui released an incident report stating that due to a security vulnerability in the contract between flashloan and getsamountinforexactpyout function, it was exploited by attackers, resulting in an asset loss of approximately $2.59 million. The attack originated from the developers launching new features without sufficient auditing and failing to timely fix known risks. Major funds were transferred to Ethereum via cross-chain bridges, and the core functions of the protocol have been frozen. A vulnerability patch has been submitted for urgent auditing, and the team is formulating user compensation and asset tracking plans.
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Nemo: The $2.59 million asset loss attack originated from launching new features without sufficient auditing.
PANews, September 11 news, the DeFi protocol Nemo on Sui released an incident report stating that due to a security vulnerability in the contract between flashloan and getsamountinforexactpyout function, it was exploited by attackers, resulting in an asset loss of approximately $2.59 million. The attack originated from the developers launching new features without sufficient auditing and failing to timely fix known risks. Major funds were transferred to Ethereum via cross-chain bridges, and the core functions of the protocol have been frozen. A vulnerability patch has been submitted for urgent auditing, and the team is formulating user compensation and asset tracking plans.