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Fake Token Pools Reveal NEAR DeFi Oracle Vulnerabilities; $7.6M Drained from Rhea Finance Exploit

· NullTX

Fake Token Pools Reveal NEAR DeFi Oracle Vulnerabilities; $7.6M Drained from Rhea Finance Exploit

A security breach on NEAR Protocol's Rhea Finance caused a $7.6 million loss, with assets like USDC, USDT, ZEC, and NEAR drained. The attack exploited vulnerabilities in the DeFi oracle system, highlighting ongoing risks in NEAR's ecosystem and the importance of security in DeFi protocols.

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Fake Token Pools Reveal NEAR DeFi Oracle Vulnerabilities; $7.6M Drained from Rhea Finance Exploit — Chainshorts | Chainshorts