News with the tag "Arcadia Finance"

In a post-mortem report, Arcadia Finance developers said an attacker stole funds by liquidating a vault before it could perform a health check, interrupting the app's normal flow of operations.

Arcadia Finance, a noncustodial protocol supporting on-chain cross-margin accounts, fell victim to a cyber attack that resulted in the loss of approximately $455,000. However, the hacker exploited a code vulnerability, exposing a weakness in the platform’s validation mechanism. The vulnerability all...

Arcadia Finance gets exploited by attackers and funds get stolen from the network. Arcadia's TVL gets impacted significantly.