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Stake DAO exploited, attacker mints trillions vsdCRV
The Block·
Security researchers have identified an ongoing exploit targeting Stake DAO, a decentralized finance platform. An attacker reportedly compromised a deployer private key, enabling them to mint over 5.4 trillion vsdCRV tokens on the Arbitrum network. These newly minted tokens are being actively swapped for Ether, with a portion already bridged to the Ethereum mainnet. Stake DAO has acknowledged the incident and advised users to avoid interacting with the vsdCRV token while investigations continue.
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