Conic Finance: The root cause of the attack has been identified, and fixes for the affected contracts are being deployed

2023-07-21 22:27:22
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ChainCatcher news, Conic Finance updates regarding today's attack incident state, "The root cause of the attack was due to a false assumption about the address returned by the Curve Meta Registry for ETH in the Curve V2 pool, which enabled a reentrancy attack. Fixes for the affected contracts are being deployed. Withdrawals are safe, and no other Conic Omnipool is affected by this issue."

ChainCatcher previously reported that Conic Finance has released the latest developments on the attack incident, disabling ETH Omnipool deposits on the Conic frontend, continuing to investigate the root cause of the vulnerability, and negotiating with relevant parties. (source link)

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