Automatic security vulnerability scanning
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Open-source package manager for smart contracts.
2023-11-11 02:59:23 a.m., our MetaScout detected that the stablecoin protocol on #Ethereum, Raft, was under a flash loan attack. It resulted in ~6.7m stablecoin $R being minted and the protocol lost $3.6M. The root cause is the precision calculation issue when minting share tokens, which is used by the hacker to get extra share tokens. MetaTrust Labs conducted in-depth research and analysis on the exploit, revealing how the hacker exploits vulnerability.