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Team Finance exploited for $14.5M during protocol migration despite contract audit

Uniswap v3 was designed with better efficiency for liquidity providers (LP) than v2 on its decentralized exchange. However, v2 smart contracts are still operational, and users must interact with a migration smart contract to migrate their LP assets from v2 to v3. PeckShield estimated that the initial attack vector required for this interaction cost just 1.76 Ether (ETH).

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Source: Cryptocurrency - investing.com

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