The Origin Protocol decentralized finance project has been hacked. Hackers attacked the Origin Dollar (OUSD) vault and were able to withdraw various cryptocurrencies with a total value of over $ 7 million.
According to co-founder of the project, Matther Liu, the team is now trying to find out which vulnerability was used by the attackers. Most likely, we are talking about some type of attack using instant loans. The hackers were able to get $ 5.5 million in ETH and $ 2.2 in DAI. Liu said he was not sure if the money could be returned.
“To hacker: we ask you to do the right thing and return the funds. You have already demonstrated your hacking skills, we will gladly hire you as a security consultant. If you return all funds, we will not pursue you in any way. We ask you to think about the hundreds of innocent people you have harmed and return the funds, ”Liu wrote.
Also, the co-founder of Origin Protocol stressed that the hacker acted from the outside and the hacking was not the result of internal fraud. Note that recently, the DeFi projects Akropolis and Value were hacked .
The stablecoin OUSD was launched at the end of September. It is a token that is priced using three other stablecoins on the Ethereum blockchain: USDT, USDC, and DAI. After the hack, the OUSD value dropped to $ 0.54.