HypurrFi discloses an "Rounding Error" vulnerability in the early version of Aave V3, and has suspended new lending in the XAUT0 and UBTC markets.

AAVE0,28%

PANews, March 6 — HyperEVM’s native non-custodial lending protocol HypurrFi announced on X that versions of Aave V3 prior to 3.5 have a “rounding error” vulnerability. Under certain conditions, attackers can repeatedly execute supply/withdraw and borrow/repay cycles to extract underlying tokens. The affected markets are XAUT0 and UBTC within HypurrFi Pooled. Currently, user funds are not at risk. To ensure safety, new supply and borrowing operations have been paused in the affected markets, while withdrawal and repayment functions remain operational. Other markets are functioning normally. HypurrFi added that the issue was quickly detected on-chain through internal monitoring, and affected markets have been frozen. They are collaborating with other Aave deployers and security researchers to address the problem and have invited other Aave fork projects to contact them for more security information.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services

Grinex, a sanctioned crypto-ruble exchange, has halted operations due to a cyberattack that stole over $13.74 million in USDT. The attack is believed to involve state-level actors aiming to destabilize Russia's financial system. Grinex is cooperating with law enforcement but has no timeline for resuming services.

Coinpedia3m ago

Figure Faces Short Seller Accusations Over Blockchain Integration Claims; FIGR Stock Down 53% From January Peak

Figure Technology Solutions faced allegations from Morpheus Research of overstating its blockchain technology use, resulting in a significant drop in share prices. Figure defended its operations, highlighting its digital asset features and strong performance metrics.

GateNews6h ago

Houston Crypto Fraudster Sentenced to 23 Years for $20M Meta-1 Coin Scam

Robert Dunlap, a Houston entrepreneur, was sentenced to 23 years in prison for a $20 million cryptocurrency fraud involving fake assets and deceptive practices, impacting over 1,000 victims. His case reflects a broader rise in crypto-related cybercrimes.

GateNews11h ago

SlowMist Warns of Active Phishing Attack Using Fake 'Harmony Voice' Software

SlowMist's security team has warned of a social engineering campaign targeting cryptocurrency users. Fraudsters are posing as project partners to trick users into downloading a malicious application disguised as a translation tool. Users are advised to verify software authenticity.

GateNews12h ago

Zonda Exchange CEO Blames Missing Founder for $336M in Lost Bitcoin

Zonda CEO Przemysław Kral has attributed the exchange's loss of access to 4,500 BTC, valued at $336 million, to missing founder Sylwester Suszek's failure to transfer private keys. Amid allegations of bankruptcy and intensified withdrawal requests, Kral insists Zonda remains solvent and will pursue legal action while searching for Suszek, who disappeared in 2022.

GateNews13h ago

Grinex Exchange Halts All Trading After $15M Cyberattack on Wallet Systems

Grinex, a Kyrgyz crypto exchange, suspended trading after a cyberattack resulting in losses of around $15 million. The advanced nature of the attack points to organized or state-level involvement. Grinex has reported the incident to authorities and is assessing the damage.

GateNews13h ago
Comment
0/400
No comments