A $90 million DeFi exploit on Terra went unnoticed for seven months

ICYMI: A $90 million DeFi exploit on Terra went unnoticed for seven months

It has been confirmed by security analysts BlockSec.In October 2021, DeFi application Mirror Protocol succumbed to a $90 million exploit on the old Terra blockchain — and it went completely unnoticed until last week.

However, due to buggy code, the Mirror’s lock contract allegedly failed to check when someone used the same ID more than once to withdraw funds.

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