Arcadia Finance Suffers $2.5 Million Exploit on Base Blockchain, Stolen Funds Converted to WETH
Arcadia Finance, a decentralized finance (DeFi) platform running on the Base blockchain, experienced a significant security breach resulting in the theft of approximately $2.5 million in cryptocurrency. The attack targeted the protocol’s Rebalancer contract, exploiting a vulnerability that allowed the attacker to manipulate arbitrary swapData parameters and execute unauthorized swaps ...
