Hackers were reportedly able to exploit savings pools at Gibraltar-based decentralized finance protocol Akropolis, getting away with more than $2 million in stablecoins.
The firm stated on Twitter on April 12 that it had identified a hack “executed across a body of smart contracts in the savings pools.” Akropolis said the areas targeted by the hackers had already been audited twice, and only included “Curve Y and Curve sUSD savings pools.”
Ethereum blockchain records show the hackers got away with more than 2,030,850 Dai (DAI) by exploiting these savings pools. They then moved the funds to a different address.
Akropolis has since issued a statement on its website stating that “the majority of funds” are safe and it would be pausing all stablecoin pools. The firm added that it was “exploring ways” to reimburse affected users.
Akropolis founder and CEO Ana Andrianova has disputed claims that the attack was executed in a similar manner to the one on decentralized finance