Stablecoin Exploit: Devastating $9.5M Blow to Resupply Protocol
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Stablecoin Exploit Overview: The Resupply protocol suffered a significant security breach, resulting in the theft of $9.5 million through sophisticated exchange rate manipulation, highlighting vulnerabilities in decentralized finance (DeFi) systems.
Implications for DeFi Security: This incident emphasizes the need for improved security measures, including robust oracle solutions, rigorous audits, and community involvement to mitigate risks associated with crypto hacks and enhance trust in the DeFi ecosystem.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








