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Claude Opus 4.6 Code Error Linked to $1.78M Smart Contract Exploit

Auditor reports cbETH price miscalculation from AI-generated code caused significant loss in blockchain project.

CBETH

Summary

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Terms & Concepts
  • Smart Contract: Self-executing blockchain code that runs when predetermined conditions are met.
  • Smart Contract Exploit: A security breach targeting vulnerabilities in blockchain-based automated code to steal funds or disrupt operations.
  • cbETH: Coinbase Wrapped Staked Ether, a token representing staked ETH with Coinbase.