An unknown person stole more than 1300 ETH (~$1.48 million) worth of assets from the Omni lending protocol in a repetitive attackentrance.
The platform provides an opportunity to borrow funds secured by NFTs. The hacker used tokens from the Doodles collection for the attack.
The attacker used the secured loan in cryptocurrency to buy more NFTs. He withdrew the latter without returning the borrowed funds, thanks to vulnerability.
The hacker sent the stolen assets to the Tornado Cash mixing service.
Data: Etherscan.
The Omni team said that the protocol is in beta testing, so user funds were not affected by the incident.
"We have suspended the OMNI protocol until we complete the investigation and verify everything again with the help of external security and audit firms," the developers said.
Recall that in the first half of 2022, hackers targeting the crypto industry stole $1.97 billion as a result of attacks on 175 projects.
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