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Aevo Ribbon DOV Old Version Treasury Attacked, Losses Around $2.7 Million
Summary: According to reports, Aevo officials stated that due to a vulnerability in the smart contract update, the old version treasury of Ribbon DOV was attacked on December 12, resulting in losses of around $2.7 million. The Aevo platform remains unaffected and will continue to operate normally. All Ribbon treasuries have been halted and will be ...
According to reports, Aevo officials stated that due to a vulnerability in the smart contract update, the old version treasury of Ribbon DOV was attacked on December 12, resulting in losses of around $2.7 million. The Aevo platform remains unaffected and will continue to operate normally. All Ribbon treasuries have been halted and will be immediately deactivated, with approximately 32% of the treasury's total assets lost due to the attack. Users are advised to withdraw funds following the standard withdrawal process, which will require contract upgrades scheduled to be released next week (further notice will be provided). The claims window will be open for six months until June 12, 2026, after which the DAO will liquidate all remaining assets and distribute them to users who have previously withdrawn, with compensation amounts reaching up to 19% of the missing amount or the remaining available balance.
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Link: Aevo Ribbon DOV Old Version Treasury Attacked, Losses Around $2.7 Million [Copy]
