Steakhouse Financial — Risk Parameter Abuse
Steakhouse Financial experienced a market manipulation event classified as risk parameter abuse, resulting in a loss of $920,000 on the Ethereum chain.
$83.4M lost this week $439.7M lost in 30 days $1.7B lost this year
Steakhouse Financial experienced a market manipulation event classified as risk parameter abuse, resulting in a loss of $920,000 on the Ethereum chain.
Steakhouse Financial was targeted by a phone-based social engineering attack affecting its DNS records via OVH Cloud. The DNS changes were reverted, and vaults and smart contracts were unaffected, with depositor funds remaining safe. Users are advised to avoid the official website until it is fully restored.