Techub News reports that, according to BlockSec monitoring, the Ethereum protocol Ploutus liquidity pool was misconfigured to use the BTC/USD Chainlink price data source for USDC pricing, resulting in pricing discrepancies and an estimated loss of approximately $390,000. The attacker exploited this error by collateralizing only 8 USDC to borrow 187 Ethereum. The vulnerability exploit occurred in block 24538897, immediately following the misconfiguration transaction in block 24538896, indicating that the attacker was closely monitoring configuration changes.
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Techub News reports that, according to BlockSec monitoring, the Ethereum protocol Ploutus liquidity pool was misconfigured to use the BTC/USD Chainlink price data source for USDC pricing, resulting in pricing discrepancies and an estimated loss of approximately $390,000. The attacker exploited this error by collateralizing only 8 USDC to borrow 187 Ethereum. The vulnerability exploit occurred in block 24538897, immediately following the misconfiguration transaction in block 24538896, indicating that the attacker was closely monitoring configuration changes.