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Polygon-Based Protocol 0vix Exploited for $2M

The 0vix decentralized finance (DeFi) protocol, which is based on Polygon, has reportedly been exploited for $2 million through a flash loan. Blockchain security firm CertiK flagged the incident, which has also been corroborated by Arkham Intelligence. The attacker reportedly inflated the price of vGHST to borrow a large amount of USD, which was then moved to Ethereum mainnet and swapped for 757 ETH. 0vix has not yet responded to requests for comment.

(By Oluwapelumi Adejumo)

DeFi Polygon
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