🔔Lazy Summer Protocol was exploited, affecting two USDC vaults on Ethereum mainnet and resulting in approximately $6.04 million in losses.

❗️According to the official post-mortem, the attacker manipulated the vaults’ NAV and share price, executing the exploit and moving the funds in a single transaction.

Based on the disclosed attack vector, this was not caused by compromised user private keys and was unrelated to a typical token approval exploit.

⚡️Onchain risk rarely comes with a warning.
🛡Stay informed. Check your positions. Be prepared.
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