Web3 security firm Cyvers estimated the losses from the exploit to be around $16 million.
Curio said it will conduct a fund compensation program for affected liquidity providers, which could potentially take up to one year to complete.
However, the company assured its users that the exploit only affected the Ethereum side and that all Polkadot and the Curio Chain contracts remained secure.that the losses from the exploit are about $16 million. The security firm said the exploit involved a “permission access logic vulnerability.”a post-mortem of the exploit and a compensation plan for affected users. Within the report, Curio highlighted that the problem was a flaw in the voting power privilege access control.
With the elevated voting power, the attacker performed a series of steps that ultimately allowed the execution of arbitrary actions within the Curio DAO contract. This led to the unauthorized minting of 1 billion CGT.
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