​🚨 Security Alert: Rhea Finance Breach Update 🚨

The $RHEA Finance team recently confirmed a major security breach. The damage was initially estimated at $7.6 million, but new reports indicate the amount has risen to $18.4 million.

🔍 What happened? (Post-mortem Analysis)

Detailed analysis conducted on Friday revealed that the attacker misused the protocol's Margin Trading feature. The attacker cleverly constructed a "swap route" that exploited the protocol's vulnerabilities.

​🛡️ Recovery Updates:

The Rhea Finance team has taken immediate action and successfully secured some funds:

4.34 million USDT has been frozen.

Work is underway with security firms and exchanges to track the remaining stolen funds.

Note: If you are using the Rhea Finance protocol, please monitor official channels and wait for further updates before conducting any new transactions.

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