๐จ ๐จ๐๐๐ฎ๐น ๐ฃ๐ฟ๐ผ๐๐ผ๐ฐ๐ผ๐น ๐๐ฎ๐ฐ๐ธ๐ฒ๐ฑ โ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ ๐ฆ๐๐๐ฝ๐ฒ๐ป๐ฑ๐ฒ๐ฑ ๐๐ณ๐๐ฒ๐ฟ $๐ญ๐ต๐ ๐๐๐๐ฎ๐ฐ๐ธ
โค BlockSec has detected a hack on the Usual ($USUAL) stablecoin protocol, which has now been suspended.
โค The exploit targeted the VaultRouter contract, allowing attackers to swap USD0++ for USD0 at a 1:1 ratio, creating a major arbitrage opportunity.
โค In total, around 18.99 million USD0++ (โ $19.43 million) was involved in the exploit.
โค BlockSec's Phalcon platform flagged the attack in real time and helped trigger an automated response.
๐ Takeaway: Another DeFi protocol falls to a smart contract exploit. Users should stay alert and avoid interacting with the protocol until official updates are released.