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Attacker Drains About $437,000 in Collateral From Premia Vaults

Attacker Drains About $437,000 in Collateral From Premia Vaults
AI summary

An attacker drained roughly $437,000 in collateral from Premia vaults, according to security firm Blockaid. The funds were moved from vault collateral into option pools before being withdrawn as liquidity. The exploit is a reminder of smart contract risk in DeFi options protocols and could weigh on confidence in Premia and similar vault-based products.

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