TechFlow reports that on May 11, Huma Finance announced that earlier today, a vulnerability in its legacy v1 smart contracts deployed on Polygon was exploited by a hacker, resulting in a loss of $101,400 worth of USDC. Huma Finance stated that user funds remain unaffected, PST tokens are not impacted, and the v2 system on Solana—being a completely rebuilt version—is not vulnerable to this issue. The team had already been in the process of decommissioning the legacy v1 liquidity pool and has now fully suspended v1 operations.
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