Nimiq loses $50,463 in smart contract exploit
- —Nimiq's loss from the exploit was about $50,463
- —Vulnerability in the execute function of the ERC20PermitHTLCHandler contract
- —The attacker withdrew funds directly from the victim's balance
- —The incident was reported by SlowMist
Why it matters: The incident is a reminder of the risks of unvalidated parameters in DeFi contracts and could add pressure on Nimiq's reputation.
Source: Coinfomania