Techub News, Security Update on Fusion. A vulnerability was found in an outdated Fusion Vault of IPOR USDC Fusion Optimizer on Arbitrum. After being notified on January 6, the IPOR team confirmed a loss of approximately 336,000 USDC. Officials stated that the attack vector only affected this specific outdated vault, with losses accounting for less than 1% of the total Fusion guarantee fund. They are collaborating with Security Alliance to track and recover the funds. IPOR DAO also announced it will cover the funding gap from the treasury, and all affected depositors will receive full compensation.
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Techub News, Security Update on Fusion. A vulnerability was found in an outdated Fusion Vault of IPOR USDC Fusion Optimizer on Arbitrum. After being notified on January 6, the IPOR team confirmed a loss of approximately 336,000 USDC. Officials stated that the attack vector only affected this specific outdated vault, with losses accounting for less than 1% of the total Fusion guarantee fund. They are collaborating with Security Alliance to track and recover the funds. IPOR DAO also announced it will cover the funding gap from the treasury, and all affected depositors will receive full compensation.