OnyxDAO Loses $3.8M: Precision Vulnerability in CompoundV2 Fork Hits 7.35 Million XCN

On September 26, COINOTAG reported that OnyxDAO faced a significant financial disruption due to a precision vulnerability attack, incurring losses surpassing $3.8 million. Paidun, in their article on platform X, highlighted that the vulnerabilities exploited originated from the CompoundV2 fork code implemented by OnyxDAO. The assets seized by the attacker comprised 4.1 million VUSD, 7.35 million XCN, 5,000 DAI, 0.23 WBTC, and 50,000 USDT. Leveraging a nearly depleted market, the perpetrator manipulated the exchange rates, effectively expropriating the mentioned assets.