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Project Overview
Summer.fi (previously Oasis.app) was born as one of the first projects by MakerDAO, even before Single Collateral Dai, in 2016. Summer.fi, became a standalone entity after the full decentralization of Maker. It aims to build the most trusted app to deploy capital in DeFi. Users can borrow, multiply and earn on the assets they hold across multiple protocols.
Summer.fi announces gradual shutdown of operations, the application will run until August 31
Summer.fi announced that following the attack on the Lazy Summer protocol on July 6, the team assessed that there was no viable path to continue business operations, and therefore will gradually cease operations.
Summer.fi Attacker Moves 1.35 Million DAI, Swaps for ETH via Uniswap and Transfers to Tornado Cash
Odaily Odaily News According to Onchain Lens monitoring, on July 6, the Summer.fi attacker wallet (0x7BF...b3bdca) received 6.017 million DAI from the Summer.fi attack incident; subsequently, 1.35 million DAI have been transferred, swapped for ETH via Uniswap, and then sent to Tornado Cash through a second wallet (0x46e...eba7). The original wallet still holds approximately 4.67 million DAI, while the second wallet still holds 50 ETH.
Summer.fi: Lazy Summer USDC Vault Suffers NAV Manipulation Attack, Losing Approximately 6.04 Million USD
According to official sources, Summer.fi released a post-mortem stating that on July 6, the attacker manipulated the share prices of two Lazy Summer USDC vaults by injecting overvalued Silo tokens into an offline Ark still included in the NAV, and extracted approximately $6.04 million in a single atomic transaction.
Summer.fi Attacker Is Splitting 6.017 Million DAI and Converting to ETH for Mixing
According to Onchain Lens monitoring, the Summer.fi attacker is actively transferring funds. The relevant address is splitting 6.017 million DAI into multiple small transactions and swapping them for ETH via Uniswap.
Summer.fi: Active Vulnerability Discovered in Lazy Summer Protocol, All Vault Operations Paused
According to official announcements, Summer.fi released a security notice stating that the team discovered an active vulnerability affecting Lazy Summer Protocol earlier today. As a precautionary measure, Guardians have paused all vaults and set deposit limits to zero across all networks. The incident is currently under assessment, and the team advises users not to interact with the protocol until further notice. A full update will be published as soon as possible.
Summer.fi's Lazy Summer Protocol suffers approximately $6.1 million loss in single transaction attack
according to Onchain Lens monitoring, Summer.fi's Lazy Summer Protocol was attacked in a single transaction, resulting in a loss of approximately $6.1 million. This attack was not a typical ERC-4626 donation attack; the attacker exploited the trust relationship between the parent vault and one of its allocation strategies to introduce fake assets into the vault's accounting records.
Summer.fi announces gradual shutdown of operations, the application will run until August 31
Summer.fi announced that following the attack on the Lazy Summer protocol on July 6, the team assessed that there was no viable path to continue business operations, and therefore will gradually cease operations.
Summer.fi: Lazy Summer USDC Vault Suffers NAV Manipulation Attack, Losing Approximately 6.04 Million USD
According to official sources, Summer.fi released a post-mortem stating that on July 6, the attacker manipulated the share prices of two Lazy Summer USDC vaults by injecting overvalued Silo tokens into an offline Ark still included in the NAV, and extracted approximately $6.04 million in a single atomic transaction.
Summer.fi: Active Vulnerability Discovered in Lazy Summer Protocol, All Vault Operations Paused
According to official announcements, Summer.fi released a security notice stating that the team discovered an active vulnerability affecting Lazy Summer Protocol earlier today. As a precautionary measure, Guardians have paused all vaults and set deposit limits to zero across all networks. The incident is currently under assessment, and the team advises users not to interact with the protocol until further notice. A full update will be published as soon as possible.
Related news
Summer.fi announces gradual shutdown of operations, the application will run until August 31
Summer.fi announced that following the attack on the Lazy Summer protocol on July 6, the team assessed that there was no viable path to continue business operations, and therefore will gradually cease operations.
Summer.fi Attacker Moves 1.35 Million DAI, Swaps for ETH via Uniswap and Transfers to Tornado Cash
Odaily Odaily News According to Onchain Lens monitoring, on July 6, the Summer.fi attacker wallet (0x7BF...b3bdca) received 6.017 million DAI from the Summer.fi attack incident; subsequently, 1.35 million DAI have been transferred, swapped for ETH via Uniswap, and then sent to Tornado Cash through a second wallet (0x46e...eba7). The original wallet still holds approximately 4.67 million DAI, while the second wallet still holds 50 ETH.
Summer.fi: Lazy Summer USDC Vault Suffers NAV Manipulation Attack, Losing Approximately 6.04 Million USD
According to official sources, Summer.fi released a post-mortem stating that on July 6, the attacker manipulated the share prices of two Lazy Summer USDC vaults by injecting overvalued Silo tokens into an offline Ark still included in the NAV, and extracted approximately $6.04 million in a single atomic transaction.
Summer.fi Attacker Is Splitting 6.017 Million DAI and Converting to ETH for Mixing
According to Onchain Lens monitoring, the Summer.fi attacker is actively transferring funds. The relevant address is splitting 6.017 million DAI into multiple small transactions and swapping them for ETH via Uniswap.
Summer.fi: Active Vulnerability Discovered in Lazy Summer Protocol, All Vault Operations Paused
According to official announcements, Summer.fi released a security notice stating that the team discovered an active vulnerability affecting Lazy Summer Protocol earlier today. As a precautionary measure, Guardians have paused all vaults and set deposit limits to zero across all networks. The incident is currently under assessment, and the team advises users not to interact with the protocol until further notice. A full update will be published as soon as possible.
Summer.fi's Lazy Summer Protocol suffers approximately $6.1 million loss in single transaction attack
according to Onchain Lens monitoring, Summer.fi's Lazy Summer Protocol was attacked in a single transaction, resulting in a loss of approximately $6.1 million. This attack was not a typical ERC-4626 donation attack; the attacker exploited the trust relationship between the parent vault and one of its allocation strategies to introduce fake assets into the vault's accounting records.