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March 14, 2024

MOBOX lending platform exploited for $750,000

The decentralized lending protocol, MOBOX, was exploited on March 14, 2024 after an attacker was able to take advantage of a bug in its referral program and borrowing functionality. By repeatedly borrowing funds and earning rewards, they were able to drain around $750,000 in USDT.
  • "Analysis of the MOBOX Security Breach", SlowMist [archive]
Theme tags: Hack or scam
Tech tags: lending

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