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CoinGape

Onyx Faces Security Breach With Hackers Draining $3M, Here's All

CoinGape
Summary
Nutrition label

64% Informative

Decentralized protocol, OnyxDAO is reportedly facing a security breach that has led to losses hitting $3.2 million .

The Onyx incident has been attributed to a precision issue involving the CompoundV2 code base with the bug exploited to manipulate exchange rates.

Assets drained include VUSD , DAI , XCN , USDT , and WBTC .

VR Score

43

Informative language

30

Neutral language

42

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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