Foresight News Report: Fusion Releases Security Update: IPOR USDC Fusion Optimizer Arbitrum Vault Vulnerability
IPOR team was notified on January 6th of a vulnerability that resulted in a loss of $336,000 in USDC. The vulnerability exploited a specific legacy Fusion Vault. Due to its unique configuration, this was the only vault susceptible to this particular attack vector. The loss represents less than 1% of the total funds secured by Fusion. The team is working with Security Alliance to track and recover the funds. IPOR DAO will compensate for the shortfall from its treasury. All affected depositors will receive full compensation.
