Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services.

Pike, DeFi protocol, exploit, security breach, USDC vulnerability, Cross-Chain Transfer Protocol, CCTP, Circle, smart contract, Ethereum, Arbitrum, Optimism, crypto hacks, crypto security, DeFi newsRead More

You might also be interested in reading Mining with a mission: Jill Ford on Bitcoin, AI, and building for the long term.