Security breach at Exactly protocol

postedΒ  18 Aug 2023
Photo - Security breach at Exactly protocol
The Exactly Protocol has suffered a hacking attack. Running on the Optimism blockchain, this lending DeFi platform was targeted by malefactors who stole over 4300 ETH, totaling approximately $7.3 million.

Both BlockSec and Beosin security agencies have corroborated the theft. The hackers reportedly found and exploited a weak point in the platform's smart contracts, although the finer details are still under wraps.

UPD: The team at Exactly Protocol would declare a $700,000 reward for any leads on the hacker, should they not receive a response from the malefactor by the end of August 22nd.

"You can return the funds, minus a 10% fee to you, without worries about us coming after you," the Exactly team conveyed in their message. 

Sidebar ad banner