0VIX Protocol exploited for $2 million

The 0VIX defi protocol on the Polygon blockchain was exploited for around $2 million. This was a substantial portion of the project's roughly $6.4 million TVL around the time of the hack. The attack was perpetrated by an attacker who manipulated an oracle, which then allowed them to execute a flash loan attack on the project.

The protocol was paused following the attack. 0VIX later tweeted that they had been collaborating with security firms to investigate the hack, and had offered to let the attacker keep $125,000 if they returned the remaining funds in a bug bounty agreement that would also involve 0VIX not pursuing legal action.