The cryptocurrency platform @_WOOFi was exploited for approximately $8 million on Arbitrum due to a price manipulation attack, resulting in a loss of $8.5 million. The attacker utilized flash loans and flawed price calculations in the WooPPV2 contract. The exploit was contained within 13 minutes, and the contract was paused for further investigation.
🧙♂️ $1,572,378 left @_WOOFi Exploiter 1 and 2 towards the address: 0xe874ae1a218c1a0d9983c908b587f029278b1c69 and 0x9961190b258897bca7a12b8f37f415e689d281c4 where they were transferred to the Ethereum mainnet using @StargateFinance. 🔓The next destination was the address:… https://t.co/AUzByUSJCT
#PeckShieldAlert #Phishing An address 0x19ff...5805 has fallen victim to a phishing, resulting in a loss of 20.1K $OLAS (worth ~$114.4K) https://t.co/VVGqb7aszy
Yesterday, @_WOOFi got taken for a $8.5 Million ride, after a flash loan attack on Arbitrum. The attacker exploited Woofi’s novel oracle design and low liquidity. Sounds like a wild ride, doesn't it? https://t.co/Z9bkiENfJN https://t.co/50wA5Y9C5I
On March 5th, malicious actors targeted Wootrade's @_WOOFi WooPPV2 contract, successfully absconding with crypto assets valued at $8.5 million on the #Arbitrum chain. The exploit stemmed from a price manipulation attack, exposing a flaw in the price calculation within the… https://t.co/7ZrEEdR4lY
🚨 EXPLOIT ALERT 🚨 WOOFi Swaps was exploited on Arbitrum for $8.75m. The exploiters utilized flash loans to manipulate WOO price via sPMM, exploiting low liquidity. Woffie plans to redeploy WOOFi Swap v2 within 2 weeks. https://t.co/FbAerBC5SE
#PeckShieldAlert #Teneo #3AC Liquidator - labeled address has transferred 34.75K $USDC to a new address 0xc41ff...713c https://t.co/DPh1shs6AB
On March 5, Wootrade's @_WOOFi WooPPV2 contract was targeted by malicious actors and got away with 💰$8.5M worth of crypto assets on #Arbitrum chain. The cause of the exploit is a price manipulation attack. The price calculation in the WooPPV2 contract was flawed. The hacker… https://t.co/jiOZ9vyutV
Heads up, frens! Looks like @_WOOFi on Arbitrum was targeted by a hacker. They manipulated the price and made off with ~$8.5M. Here's the breakdown: - The attacker used a flash loan to get a bunch of $USDC.e and $Woo. - Then, they kept swapping these tokens back and forth… https://t.co/FQpcfWKP7q
🚨@_WOOFi on Arbitrum was under a price manipulation attack with a loss of ~$8.5M. The contract has been paused. The hacker flashloaned $USDC.e and $Woo, and then performed frequent token swaps. Due to a flawed price calculation in WooPPV2 contract, the hacker was able to… https://t.co/skCPpyPPU1 https://t.co/ocA6ceQnSo
Earlier today we identified an exploit of WOOFi Swap on Arbitrum. Within 13 minutes, the threat had been contained and we marked all other WOO contracts as safe. Linked below is a post-mortem detailing today’s events. (1/6) https://t.co/igDaOMgyCP
🚨It seems that @WOO_ecosystem has been exploited for approximately $8 million Stay tuned for more details in the thread below 🧵...
#PeckShieldAlert @_WOOFi has been exploited for ~$8m. The exploiter 0x9961...81c4 has transferred ~2K $ETH to 0xb59d...29Ad https://t.co/eIPn0iaPyL https://t.co/FcHDmuZOaL https://t.co/yGEPjZQrqY