Thetanuts Finance suffered a loss of $2.1 million due to an attack, with about $2 million suspected to have been recovered by white-hat hackers.
According to ChainCatcher, and monitored by SlowMist, the DeFi protocol Thetanuts Finance was attacked, resulting in a loss of approximately 2.1 million US dollars. However, about 2 million US dollars worth of positions seem to have been recovered by a white-hat hacker. The vulnerability was caused by integer division truncation in the mint function: After the claim function depleted the total supply of the vault to nearly zero, the amount parameter in the depositAmount calculation formula made the result zero, which allowed unlimited free minting. In response, Thetanuts Finance stated that preliminary investigations indicate the attack targeted a long-abandoned vault that had been migrated years ago, and has no connection with current contracts or products. The team will publish a post-incident analysis report after obtaining more details.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
This AI Stock Exploded 600% in a Year, Beating Nvidia and Micron
House Finance panel chair says regulator actions on crypto ‘fall short’ of CLARITY bill
Vietnam: Strong GDP but rising inflation risks – Commerzbank
Incordex appoints Chen Wang to board of directors
Incordex appointed Chen Wang to its board effective Sept. 29, 2026. Wang founded his own brand. He has served as founder and board chairman of Yunnan Jinshengchang Technology and Trade since Oct. 2024. He previously led global pharmaceutical education operations at Meixin E-commerce. He later ran education operations at Zhuyuan Grop. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Incordex Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-006080), on October 07, 2026, and is solely responsible for the information contained therein.
Crypto prices
More
