Onyx Protocol Victim of $2 Million Exploit: Reports

According to blockchain analytic company PeckShield, the decentralized finance (DeFi) project Onyx protocol has lost nearly $2 million worth of Ethereum (ETH) to exploiters.

PeckShield has informed the community members about an exploit worth $2.1 million. Furthermore, the wallet address of the Onyx protocol exploiter has a balance of 1,164 ETH (approx $2.1 million).

Wallet of Onyx Protocol exploiter. Source: Etherscan

The Onyx protocol is yet to comment on the incident. Nonetheless, more details about the exploit are not available yet.

This is a developing story.