STABLECOIN PROTOCOL RESUPPLY LOSES $9.6M TO PRICE MANIPULATION EXPLOIT

Summary from the TLDR InfoSec newsletter

Decentralized finance (DeFi) protocol Resupply confirmed a security breach in its wstUSR market which resulted in $9.6M in losses. The attacker used a price manipulation exploit to inflate the share price which allowed them to borrow $10M reUSD with minimal collateral. Resupply paused the contracts to prevent further damage upon detection.