Deep Tide TechFlow News, January 14th, according to BlockSec Phalcon monitoring, FutureSwap on the Arbitrum chain was attacked again, with an estimated loss of approximately $74,000. The attack exploited a reentrancy vulnerability, with the attacker executing a two-step process: first, during liquidity provision 3 days ago, they exploited the reentrancy bug to mint an excessive amount of LP tokens; then, after waiting 3 days, they burned these illegally minted LP tokens to redeem the underlying collateral assets, stealing funds from the protocol and profiting.
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Deep Tide TechFlow News, January 14th, according to BlockSec Phalcon monitoring, FutureSwap on the Arbitrum chain was attacked again, with an estimated loss of approximately $74,000. The attack exploited a reentrancy vulnerability, with the attacker executing a two-step process: first, during liquidity provision 3 days ago, they exploited the reentrancy bug to mint an excessive amount of LP tokens; then, after waiting 3 days, they burned these illegally minted LP tokens to redeem the underlying collateral assets, stealing funds from the protocol and profiting.