ME News reports that on May 27 (UTC+8), PeckShield detected anomalous activity in contracts related to StakeDAO on Arbitrum, resulting in the minting of 5.4 trillion vsdCRV. The security team has classified this as a suspected infinite minting exploit. The attacker has exchanged a portion of the vsdCRV for approximately 43.781 ETH (around $91,000) and transferred it to Ethereum via a cross-chain bridge. (Source: BlockBeats)
StakeDAO Contract on Arbitrum Exploited via Infinite Minting Vulnerability
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Summary
On-chain news: On May 27 (UTC+8), PeckShield detected an exploit of the StakeDAO contract on Arbitrum, resulting in the minting of 54 billion vsdCRV tokens. The team classified this as a vulnerability incident, likely due to an infinite minting flaw. Attackers have already exchanged a portion of the tokens for 43.781 ETH ($91,000) and transferred them to Ethereum via a cross-chain bridge.
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