PANews February 26 News, according to BlockSec, the Ploutus protocol liquidity pool on Ethereum (0xD060…945D2) was attacked due to an oracle configuration error, resulting in a loss of approximately $390,000. The pool incorrectly linked the USDC price to Chainlink’s BTC/USD feed, causing a significant price deviation. The attacker exploited this error by collateralizing only 8 USDC to borrow 187 ETH. Blockchain data shows the attack transaction occurred in the next block after the configuration change was confirmed, indicating the attacker closely followed and exploited the configuration update.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Foundation Stakes 70,000 ETH to Fund Operations Through Validator Rewards
The Ethereum Foundation has begun staking 70,000 ETH from its treasury, putting a significant portion of its holdings to work in order to support long term ecosystem development.
The initiative started with an initial deposit of 2,016 ETH and marks a shift in how the Foundation manages its
BlockChainReporter1h ago
ETH 15-minute increase of 1.09%: Whale transfers and derivatives leverage resonate to drive short-term rally
From 18:30 to 18:45 (UTC) on February 26, 2026, ETH prices fluctuated between 1985.92 and 2009.73 USDT, with short-term returns reaching +1.09% and an amplitude of 1.20%. This recent volatility has attracted significant market attention, amid a generally weak overall market and increased fluctuations, with trading activity continuously rising. Market sentiment has been notably affected by high volatility, leading to a surge in attention.
The main driver of this movement is large on-chain transfers and liquidation activities by whale funds, with some ETH rapidly flowing into mainstream trading platforms, increasing market supply and thus contributing to the volatility.
GateNews2h ago
Vitalik Maps Ethereum’s Fast L1 Slot Reduction Plan
_Vitalik Buterin walks through Ethereum’s fast L1 goal, outlining a slot time reduction path from 12 to 2 seconds via the new Strawmap vision._
Ethereum’s slot time is getting cut. Incrementally. That is the core message from co-founder Vitalik Buterin, who posted a detailed thread on X
LiveBTCNews3h ago
Ethereum Sweeps Range High – Is a Pullback to $1,970 Next?
_Ethereum sweeps range high, eyes $1,970 FVG retest as traders watch $2,110 level and key monthly ascending trendline support._
Ethereum swept its recent range high and cleared visible liquidity before pulling back from local extremes.
The move has shifted attention to whether price may
LiveBTCNews3h ago
