Security researchers flag ongoing Stake DAO exploit after attacker mints trillions of vsdCRV
60-second summary
Security researchers are flagging an ongoing Stake DAO exploit where an attacker has minted 5.4 trillion vsdCRV on Arbitrum and is actively swapping tokens for ether, potentially draining funds from the protocol. The exploit's severity is still unknown, but it's causing concern within the crypto community, with implications for the security and stability of DeFi protocols.
The attacker minted 5.4 trillion vsdCRV on Arbitrum and is actively swapping tokens for ether, the researchers said.