Techub News Announcement: Fusion Security Update. A vulnerability was found in an older version of the Fusion Vault on Arbitrum for IPOR USDC Fusion Optimizer. The IPOR team confirmed that approximately $336,000 USDC was lost after being notified on January 6. The official statement indicates that this attack vector only affected that specific older vault, accounting for less than 1% of the total Fusion collateral funds. They are working with the Security Alliance to track and recover the funds. IPOR DAO also stated that they will cover the funding gap from the treasury, and all affected depositors will be fully compensated.
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Techub News Announcement: Fusion Security Update. A vulnerability was found in an older version of the Fusion Vault on Arbitrum for IPOR USDC Fusion Optimizer. The IPOR team confirmed that approximately $336,000 USDC was lost after being notified on January 6. The official statement indicates that this attack vector only affected that specific older vault, accounting for less than 1% of the total Fusion collateral funds. They are working with the Security Alliance to track and recover the funds. IPOR DAO also stated that they will cover the funding gap from the treasury, and all affected depositors will be fully compensated.