▼ Bearish
A vault on the Base network has been attacked, leading to an estimated damage of around $6 million, equivalent to approximately 1783 wstETH.
The attackers manipulated the vault by adding a new contract to its whitelist, borrowing aBaswstETH, and transferring it to a contract they control.
While the systemic risk is currently deemed limited, there are concerns that the attacker’s potential sale of wstETH could exert short-term pressure on LST token prices.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.