BitBay Vault exploit drains 14,838 DAI
- —Losses totaled about $14,000 (14,838.47 DAI)
- —Blockchain security firm SlowMist flagged the attack
- —The withdrawal function sent the entire contract balance when liquidity hit zero
- —The attacker zeroed liquidity and redeemed a minimal share
Why it matters: The incident highlights how flawed withdrawal logic in DeFi vaults can let attackers drain contracts even for small amounts.
Source: TokenPost