Exploit

Maelstrom, a decentralization-focused venture firm managed by the family office of BitMEX co-founder Arthur Hayes, announced in a press release Thursday that Jon Atack (GitHub profile) is the second recipient of its Bitcoin Grant Program,…

The attacker started by creating a fake tick account. A tick account is "a dedicated account that stores price tick data in CLMM,” the developers said, referring to Crema's market making protocol. After that, the attacker exploited a…