Onyx Protocol Suffers Almost $4M Loss in Wake of Rising Crypto Hacks, Releases Investigation Findings in Less Than 7 Hours
Onyx Protocol recently lost $3.8 million in a hack exploiting a known vulnerability in its forked Compound V2 code. Attackers targeted empty markets, echoing similar breaches in other Compound forks, highlighting ongoing security concerns in DeFi. This is not Onyx Protocol's first breach.