For Months No One Noticed The $90 Million Attack on the Terra Ecosystem

According to newly learned information, Mirror Protocol suffered a $ 90 million attack seven months ago.

Mirror Protocol, one of the decentralized finance applications, offered users the opportunity to trade futures with the stocks of technology companies and use synthetic assets while doing so.

In order to provide this service, Mirror Protocol, which collapsed after the UST crisis and is today Terra 2.0 was using the updated Terra infrastructure.

FatMan An analyst known by his name, made a post on his social media account last week, made months ago drew attention to a transaction.

This transaction, which was also confirmed by a security firm called BlockSec, is a process that someone(s) has in the Mirror Protocol. vulnerability in total using 90 million dollars It shows that he has made a hit. In order to do this, the attacker took advantage of a bug in the smart contract used by Mirror Protocol.

According to blockchain data, this attack on October 2021 took place. This attack, which came to the fore only last week, has come to light, took months.

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