Notional Finance custody contract suspected of being hacked, $1.7 million in assets lost

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Notional Finance's custody contract may have been compromised, with $1.7 million in DAI and USDC reportedly stolen. PeckShieldAlert, citing TechFlow, noted that the attacker converted the funds into 689.2 ETH and transferred them to Tornado Cash. ETH prices remain under pressure as the Fear & Greed Index indicates heightened market anxiety.

According to PeckShieldAlert, citing Specter monitoring, Notional Finance's custodial contract may have been exploited, resulting in approximately $1.7 million in DAI and USDC losses. The attacker has converted the stolen funds into 689.2 ETH and deposited them into Tornado Cash.

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