Decentralized finance (DeFi) lending protocol bZx has just been exploited – again.
The estimated loss is 2,388 ether (ETH) this time, i.e. nearly $645,000. “This attack appears to be an oracle manipulation attack,” said bZx co-founder Kyle Kistner in the firm’s official Telegram channel.
Market observers are referring to this transaction as suspicious for the latest attack.
“We can neutralize this like we did last time,” said Kistner.
Just earlier today, bZx published a post-mortem of their initial attack, saying that 1193 ETH, currently worth around $298,000, were lost.
This is a developing story…