An NFT market built on top of Arbitrum called TreasureDAO was hacked, according to a post mortem analysis authored by the firm Certik.
Attacker Hacks Arbitrum's Treasure DAO for Over 100 NFTs by Leveraging Marketplace Exploit
The leading Arbitrum NFT marketplace Treasure DAO was attacked on Thursday after an attacker discovered an exploit that resulted in the loss of “more than 100 NFTs from unsuspecting users.” The post mortem analysis of the attack was sent to Bitcoin.com News from the blockchain security firm, a company that analyzes, monitors, and assesses smart contracts, blockchain tech, and decentralized finance protocols.
Additionally, Certik’s analysis of the Treasure DAO situation notes that the protocol’s native token MAGIC shed over 40% in losses against the U.S. dollar. Treasure DAO co-founder John Patten alsoabout the event after the attacker stole the funds. “Treasure marketplace is being exploited. Please delist your items. We will cover the costs of the exploit—I will personally give up all of my Smols to repair this,” Patten said.
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