QiDAO: The suspicious transactions detected by Shield are unrelated to the QiDAO contract, and user funds are safe

ChainCatcher message, Polygon's native stablecoin protocol QiDAO tweeted that PeckShield has observed some suspicious transactions on QuickSwap and Market, which are unrelated to the QiDAO contract. User funds are safe, and the situation is being monitored. Please pay attention to official updates.

It is reported that PeckShield's monitoring indicates that QiDAO is suspected of being attacked, with on-chain data showing that the attacker allegedly profited nearly $190,000. After QiDAO's clarification, PeckShield tweeted that the suspicious transactions related to QuickSwap, Market, and QiDAO are associated with price manipulation. The miMATIC market uses CurvePoolOracle for price feedback, leading to price manipulation to borrow money from the market. (source link)