Hack Could Have Been Prevented ⚠️

[encrypted]

Nemo admits it did not address the security warning in time:

Vulnerable code deployed Jan 2025

Security upgrade that could prevent this implemented in April 2025

Asymptotic warned the team Aug 11, but it was overlooked

This follows a trend of easily preventable hacks, like SuperRare’s $730K exploit in July.

#DeFiRisk #SmartContractSecurity #NemoProtocol