Resupply stablecoin protocol exploited for $9.5M via token price manipulation

resupply-stablecoin-protocol-exploited-for-$9.5m-via-token-price-manipulation
Resupply stablecoin protocol exploited for $9.5M via token price manipulation

An attacker manipulated token prices to distort exchange rates and drain about $9.5 million from decentralized stablecoin protocol Resupply. The exploit was first flagged on June 25 by security platform BlockSec Phalcon, which detected a suspicious transaction leading to a…

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