The #DeFi Sovryn protocol was hacked for more than $ 1 million. According to the #Sovryn platform team, the hacker provided liquidity to the #RBTC loan agreement, closed his loan with a swap using #XUSD collateral, redeemed his #iRBTC token and sent WRBTC back to #RskSwap to complete the instant swap. As a result, the attack allowed the criminal to withdraw 44.93 RBTC and 211,045 #USDT from the protocol. The protocol developers reported that they were able to return the assets when the attacker tried to withdraw them. At the moment, about half of the assets have been recovered. Sovryn team member Edan Yago stated that this is the first case of protocol hacking in two years. He claims that Sovryn is constantly undergoing external audit, and its security policy provides a valuable reward for detecting errors. The team confirmed that the users' assets were not affected and any missing amount from the credit pools will be returned by the project. #CryptoCurrency
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