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via The Block · By The Block Editorial

Attackers drain $1.4M in wrapped bitcoin from DeFi protocol Ekubo in approval-based exploit

BTC

BTC/USDT

$61,310.00

-1.22%

$61,310.00

-1.22%

(24s)

24h Volume

$30,299,082,955.20

24h H/L

$62,230.00 / $59,102.70

Change: $3,127.30 (5.29%)

Long/Short

68.3%

Long: 68.3%Short: 31.8%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,139.99

▲ 0.10%

Volume (24h): -

Resistance Levels

Resistance 3$64,719.41

Resistance 2$63,289.97

Resistance 1$61,824.92

Price$61,139.99

Support 1$61,067.23

Support 2$59,062.46

Support 3$52,643.43

Pivot (PP):$61,262.44

Trend:Downtrend

RSI (14):33.6

The Block Editorial

(12:00 PM UTC)

1 min read

Reviewed byJames Mitchell

926 views

0 comments

Ekubo Protocol lost roughly $1.4 million in wrapped bitcoin (WBTC) after attackers exploited an access control flaw in its EVM swap router contracts, adding another incident to an already difficult year for DeFi security.

Ekubo is a concentrated liquidity AMM originally built on Starknet that expanded to Ethereum and Arbitrum, known for its singleton architecture and modular extension system.

The…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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