Attacker mints 1 billion CGT governance tokens in exploit within Curio ecosystem
Curio, a project that aims to help firms unlock liquidity from their real-world assets, has experienced a $16 million exploit within its ecosystem.
The exploit seemingly stemmed from a permission access logic vulnerability that allowed an attacker to mint an additional 1 billion CGT tokens, according to web3 detection and prevention project Cyvers on X.
The attacker in question currently holds these CGT tokens, which are worth nearly $40 million, Cyvers Alerts noted.
The notification follows a post from the Curio Ecosystem account on X from Saturday that alerted the community to the smart-contract exploit.
A MakerDAO-based smart contract used within the ecosystem was exploited on the Ethereum side, it explained. "We're actively addressing the situation and will keep you updated. Rest …
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