Ola Finance Exploited for $3.6M in Re-Entrancy Attack

The attack comes after this week’s disclosure of a $625 million exploit of Axie Infinity’s Ronin network – one of the largest in decentralized finance (DeFi) history. While much smaller in comparison, the Ola attack stands as a reminder of how multimillion-dollar thefts – now commonplace in DeFi – continue to pile up as big money flows into lesser-known ecosystems.