Security· ★★· bearish·

MUSystem Loses $36.9K in Smart Contract Exploit, SlowMist Says

  • —MUSystem reported a loss of about $36.9K from the exploit
  • —SlowMist tied the attack to flaws in deposit and withdrawal functions
  • —Sixteen fresh addresses exploited the vulnerability
  • —MUS is seeing no reported trading volume after the incident
Why it matters: The incident highlights smart contract security risks in DeFi and could weigh on confidence in smaller platforms.
Source: Coinfomania
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