WOOFi Exchange Suffers $8 Million Loss in Flash Loan Exploit on Arbitrum
Key takeaways: In a recent development, WOOFi, a decentralized exchange (DEX), disclosed a significant financial setback resulting from an exploit in its Arbitrum lending market. The exploit, detected by blockchain security firms including PeckShield, Hypernative, and Chainalysis, targeted WOOFi Swap…