CertiK: Arcadia Finance Reportedly Loses $1.6 Million in Exploitation

BlockBeats News, July 15th, according to CertiK Monitor, multiple exploitable transactions were detected in Arcadia Finance, with a hacker exploiting the protocol to obtain around $1.6 million, possibly through arbitrary `swapdata` on its rebalancing contract.

Furthermore, Arcadia Finance has advised users to revoke the protocol's authorization.