WOOFi confirms $8.75 million exploit on its Arbitrum market

WOOFi has released a post-mortem report confirming an $8.75 million exploit on its lending market on Arbitrum. The decentralized exchange has offered a 10% whitehat bounty to the attacker. Decentralized exchange WOOFi suffered an $8.75 million exploit that targeted its lending market on Arbitrum, according to a report the platform released on Wednesday. In a […] source: https://coinjournal.net/news/woofi-confirms-8-75-million-exploit-on-its-arbitrum-market/