Exploiters drain $6M in Summer.fi Lazy Summer contract hack

Attackers have drained around $6 million from Summer.fi‘s Lazy Summer protocol on July 6, exploiting a USDC vault whose advertised yield briefly jumped past 2 million percent, according to on-chain security firms Blockaid and PeckShieldAlert. Blockaid wrote on X that its exploit detection system had identified the exploit when it was ongoing. The security firm...