☠️ Rodeo Finance Hacked for $888K in Devastating Attack on Arbitrum Ecosystem

🔑 Key Highlights:

🔸 Prominent blockchain security firm PeckShield uncovers exploit in Rodeo Finance.

🔸 Hackers execute "ForceInvestment" attack, resulting in $888K loss.

🔸 Flaw in Investor.earn() function exploited, enabling swap from $USDC to $WETH to $unshETH.

🔸Flawed price oracle and slippage control mechanism facilitate transfer of stolen $ETH .

🔸 Attackers leverage Tornado Cash to obfuscate stolen funds.

🔸 Rodeo Finance's native token, RDO, plummets by 60%

☠️ Project team yet to respond to distressing incident.