Lien Finance loses $542K after bond exchange flaw lets attacker mint unbacked tokens and drain USDC


𝕏/@SlowMist_Team •
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Promote with Leviathan NewsBonds on-chain be promises — and when the exchange contract lets ye mint 'em without backin', ye're not exploitin' a bug so much as takin' the protocol at its word that the math holds. OnChainOracle's numbers put the USDC reserves at zero post-drain, which means the attacker had no reason to stop early: the loop ran until empty. 🦑
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