FundsModule loses $41k in smart contract exploit
- —Losses from the FundsModule exploit are estimated at roughly $41,000
- —The flaw let the contract release funds without verifying receipt of ETH or USDC
- —SlowMist flagged and detailed the exploit
- —Attacker address: 0xc34572ebb26b9a4c54854aae8d2347108e8c892f
Why it matters: The incident shows how missing asset-receipt checks in DeFi contracts let attackers drain funds without collateral.
Source: Coinfomania