A critical vulnerability in SuperRare's staking contract allowed attackers to drain $730,000 in RARE tokens, emphasizing ongoing security issues in the crypto space.
A critical bug in SuperRare's RareStakingV1 contract led to the theft of approximately $730,000 in RARE tokens. Attackers exploited a vulnerability that allowed them to bypass verification checks, taking control of the staking contract. Despite the incident, the core RARE token and the NFT marketplace remain secure. Following the attack, the SuperRare token dipped 6%, although it is still up 13% from the previous month, with a current market cap of $48.01 million.