Decentralized exchange (DEX) Clipper has clarified that a vulnerability in its withdrawal function led to the recent hack of its protocol, which cost $450,000, rather than the private key leak claimed by a "third party".
Clipper said in a Dec. 1 X post that the attackers took advantage of two liquidity pools on Dec. 1, locking in about 6 percent of the total value. It added that no other pools were affected and the breach was closed.
Clipper wrote: "There have been claims of private key leakage by third parties. We can confirm that this is not the case and is inconsistent with Clipper's design and security architecture."
Clipper DEX Says Recent $450,000 Hack Was Not Caused by Private Key Leak
2024-12-02 05:57:59
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