PANews reported on December 10 that according to PeckShieldAlert, Clober's liquidity vault was hacked and lost 133 ETH, worth about $500,000. At present, the attacker has bridged the stolen funds from the Base network to the Ethereum network.
According to PeckShield's subsequent analysis, the reason why CloberDEX was hacked today was that there was a reentrancy issue in the burn() function in its smart contract. Hackers exploited this vulnerability and combined it with pre-designed malicious strategies to carry out attacks.
