Today3h ago
Project update
RHEA is exploited for $7.6M, Tether freezes $3.29M USDT

RHEA is exploited for $7.6M, Tether freezes $3.29M USDT

Rhea Finance is dealing with an exploit tied to a vulnerability in its Margin Trading feature, which enabled a coordinated pool manipulation attack. The incident affected the Rhea Lend smart contract, while the Rhea DEX was not compromised.


That’s now the fifth hack in a week. As DeFi products get more complex, the cost of smart contract bugs, flawed mechanisms, and overlooked attack surfaces keeps getting higher.