USM Protocol Exploit Leads to Loss of 70.83 ETH

Security analyst at desk reviews Solidity code on monitor with Ethereum logo and warning badge

USM Protocol has suffered an exploit that resulted in the loss of approximately 70.83 ETH after an attacker manipulated the way its Ethereum-based redemption mechanism calculated payouts. Security analysis points to a pricing logic flaw that made fragmented redemptions more profitable than processing the same amount in a single transaction.