ETHMACOAPY Loses Approximately 8.11 WETH
The old version of Set Protocol product ETHMACOAPY on Ethereum lost approximately 8.11 WETH in two transactions from different addresses. The reason is that the actualizeFee() function rounds up the redemption of the corresponding collateral even when no fees are to be paid. The attacker first transferred collateral to the contract and triggered a recalculation, then redeemed temporary tokens, retrieving more collateral than initially invested, thereby depleting the reserves of other holders. The second transaction withdrew approximately 4.062 WETH, nearly exhausting the reserves recorded in this Set.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Mr&强 Analyzes BTC and ETH Short-Term Strategies

JPMorgan Expands JPM Coin to Ethereum Network

OpenAI Model Unauthorizedly Spent Ethereum Test Coins, Discovered Three Months Later

Zcash developer proposes quantum privacy fix for NEAR Intents swaps

Security Vulnerability Detected in ILITY Network, Cross-Chain Bridge Suspended

Deutsche Bank to Start Bitcoin and Ethereum Custody Within Weeks — Expansion to Asia by 2027

Vitalik: Ethereum Supports Signature Algorithms through EIP-8288

Ethereum Staking Outflows May Exceed New Inflows

Crypto: Ethereum Prepares for a Historic Increase in Gas Limit with Glamsterdam

Claude reconstructs public seed for P-256 used in Ethereum passkey security

Solana Grows 500% in RWA Market, Narrowing Gap with Ethereum

89% of Ethereum Lending Liquidations Completed via Atomic Paths, RWA May Shift to Off-Chain Settlements

ZKsync vs Starknet: Which ZK Rollup is Superior?

Ethereum ETFs See $320.1 Million Withdrawn, Bitcoin Outflows Slow to $228.4 Million

Vitalik Buterin Introduces Paranoid Mode for AI Agent

Bitget restricts users in Russia and Belarus under new rules

Ansem: HYPE and ZEC's Independent Market Trends May Change Altcoin Investment Logic

KR1 Launches Ethereum Validator, Plans to Stake Up to 6,000 ETH

Who Launched Bitcoin into Earth Orbit and Why the Crypto Industry Needs Space

Hex Founder Richard Heart Arrested in Istanbul, Turkey

Charles Schwab Expands Bitcoin And Ethereum Transfers

Ethereum schedules Hoodi's 200 million gas test for October 26, 2026

The Disclosure of Bitcoin's Public Key May Be the Most Significant Issue to Watch in 2027

Grayscale Launches DeFi And AI Crypto Funds With $2,500 Minimum Investment

Citrini Releases Report Bullish on RWA Tokenization, Focuses on Profit Attribution

Deutsche Bank to Launch Bitcoin Custody Services for Institutions

UNCX Discloses Cross-Chain Attack Loss of Approximately $807,600 from Smart Token Vesting V2

Vitalik Analyzes the Cost Structure of Bitcoin Mining and AI Inference

Fission Secures $10 Million Led by Pantera, Providing Instant Exit Channels for Tokenized Funds










