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DeFi protocol Notional Finance suspected of being exploited, approximately $1.7 million worth of DAI and USDC stolen.

1 hours ago

According to PeckShield citing Specter monitoring, the escrow contract of fixed-rate lending protocol Notional Finance was suspected of being hacked, resulting in losses of approximately $1.7 million in DAI and USDC. The attacker subsequently converted the stolen funds to around 689.2 ETH, and further deposited the funds into Tornado Cash. At present, the cause of the attack and the final loss amount still need to be further confirmed by the project team.

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