Onyx Protocol Loses $2 Million to DeFi Exploit

Onyx Protocol Victim of $2 Million Exploit: Reports

According to blockchain analytic company PeckShield, the decentralized finance (DeFi) project Onyx protocol has lost nearly $2 million worth of Ethereum (ETH) to exploiters.

PeckShield has informed the community members about an exploit worth $2.1 million. Furthermore, the wallet address of the Onyx protocol exploiter has a balance of 1,164 ETH (approx $2.1 million).

Wallet Onyx Protocol exploiter
Wallet of Onyx Protocol exploiter. Source: Etherscan

The Onyx protocol is yet to comment on the incident. Nonetheless, more details about the exploit are not available yet.

This is a developing story.

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Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.



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