coin-img-ETHETH-1.27%coin-img-BTCBTC-0.61%coin-img-SOLSOL-1.97%coin-img-XRPXRP-0.44%coin-img-USDCUSDC-0.01%coin-img-FLYAIFLYAI+0.00%coin-img-AAVEAAVE+0.96%coin-img-TRXTRX+0.76%coin-img-ETHETH-1.27%coin-img-BTCBTC-0.61%coin-img-SOLSOL-1.97%coin-img-XRPXRP-0.44%coin-img-USDCUSDC-0.01%coin-img-FLYAIFLYAI+0.00%coin-img-AAVEAAVE+0.96%coin-img-TRXTRX+0.76%coin-img-ETHETH-1.27%coin-img-BTCBTC-0.61%coin-img-SOLSOL-1.97%coin-img-XRPXRP-0.44%coin-img-USDCUSDC-0.01%coin-img-FLYAIFLYAI+0.00%coin-img-AAVEAAVE+0.96%coin-img-TRXTRX+0.76%coin-img-ETHETH-1.27%coin-img-BTCBTC-0.61%coin-img-SOLSOL-1.97%coin-img-XRPXRP-0.44%coin-img-USDCUSDC-0.01%coin-img-FLYAIFLYAI+0.00%coin-img-AAVEAAVE+0.96%coin-img-TRXTRX+0.76%

UPDATE: SlowMist details one-transaction exploit tied to missing price safeguards and liquidation lag

AI Market Summary
SlowMist reports an exploit using a single-transaction sequence that abused missing price protection and liquidation delays, enabling liquidation of multiple BTCB vaults at an abnormally low oracle price. The incident highlights oracle and liquidation-mechanism fragility in BTC-pegged collateral systems, which can widen risk premia across DeFi lending markets and temporarily reduce confidence in wrapped-BTC collateral and related protocols.
Impact level
● Medium
Affected assets
BTC/USDT-0.58%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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UPDATE: Blockchain security firm SlowMist said the incident stemmed from a single-transaction sequence that took advantage of missing price-protection mechanisms and delays in the liquidation process. The attacker allegedly used an abnormally low oracle price to liquidate multiple BTCB vaults. Full report:
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