Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week

Arbitrum-based decentralized finance (DeFi) procedure Rodeo Finance was exploited for $1.53 million on July 11. The DeFi protocol was made use of utilizing a code vulnerability in its Oracle, leading to a loss of over 810 Ether (ETH). Source: DefiLlamaThe make use of also tumbled the price of the native token of the DeFi procedure, which dropped by over 53% in the past 24 hours.DRDO token price tumble post exploit.

Arbitrum-based decentralized finance (DeFi) procedure Rodeo Finance was exploited for $1.53 million on July 11. The DeFi procedure was exploited using a code vulnerability in its Oracle, leading to a loss of over 810 Ether (ETH). Source: DefiLlamaThe make use of likewise tumbled the price of the native token of the DeFi procedure, which dropped by over 53% in the past 24 hours.DRDO token price tumble post make use of.