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Cozy Finance Reports $160K Exploit via UMA Optimistic Oracle

Covered by 2 sources · 2 articles

2 outlets - including Cryptonomist and Coinfomania - are covering this story. A decentralized insurance protocol just became the latest cautionary tale in DeFi security. Cozy Finance, a platform that lets users buy coverage against failures in other crypto protocols, has confirmed the Cozy Finance exploit resulted in…

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Cozy Finance exploit drains $160K after attacker games UMA oracle
Cryptonomist 2h ago

Cozy Finance exploit drains $160K after attacker games UMA oracle

A decentralized insurance protocol just became the latest cautionary tale in DeFi security. Cozy Finance, a platform that lets users buy coverage against failures in other crypto protocols, has confirmed the Cozy Finance exploit resulted in…

Coinfomania 2h ago

Cozy Finance Reports $160K Exploit via UMA Optimistic Oracle

Cozy Finance suffers a $160K loss due to a UMA Oracle exploit. Here's why this is significant.