Ethereum Lending Protocol XCarnival Hit With $3.8M Exploit, Recovers 50%

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Ethereum Lending Protocol XCarnival Hit With $3.8M Exploit, Recovers 50%
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.XCarnival_Lab has been hit by a $3.8 million smart-contract exploit. The hacker returned 50% of the funds (1,500 ETH). Reporting by oknightcrypto.

XCarnival, an Ethereum-based protocol that acts as a lending aggregator for NFTs, has recovered 50% of the $3.8 million lost in an exploit. A hacker exploited a smart-contract flaw that allowed a pledged asset to also be used as collateral, in this case a Bored Ape Yacht Club non-fungible token .

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