Ekubo Protocol loses $1.4M in WBTC to exploit

Ekubo Protocol has been exploited for approximately $1.4 million worth of WBTC due to a vulnerability in its EVM swap router, The Block reported. According to blockchain security firm Blockaid, the attacker exploited a flaw within the Ekubo v2 EVM extension contract. The attack occurred through approximately 85 consecutive transactions, with the primary victim losing around 17 WBTC. The stolen funds were subsequently converted into WETH and DAI.