Wu Shuo learned that Rhea Finance released an incident analysis stating that its lending market was attacked on April 16 due to a flaw in the slippage protection mechanism within its margin trading module. The attacker bypassed the protection logic by constructing a chained swap path that reused intermediate assets, transferring approximately $18.4 million in assets from the protocol’s reserve pool. Currently, the attacker has returned approximately $3.359 million in USDC and $1.564 million in NEAR, while approximately $4.34 million in USDT has been frozen. The relevant lending contracts have been paused to assist with tracking and asset recovery, and the team is collaborating with exchanges and other parties to investigate and develop a subsequent compensation plan. https://t.co/Gsthww7QPP
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