Technology

A bug in a smart contract of Mirror Protocol, a Terra DeFi app for betting on stocks with synthetic assets, was quietly exploited for ~$90M over seven months (Vishal Chawla/The Block)

Photo of Grace Will Grace Will May 30, 2022
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Vishal Chawla / The Block:

A bug in a smart contract of Mirror Protocol, a Terra DeFi app for betting on stocks with synthetic assets, was quietly exploited for ~$90M over seven months  —  Quick Take  — The exploit was accidentally discovered by a Terra community member last week.  — It has been confirmed by security analysts BlockSec.



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