$1.7 Million Exploit Hits Notional Finance Escrow Contract

Notional Finance, an Ethereum-based lending protocol, may have suffered a $1.7 million exploit involving an escrow contract, according to blockchain investigators.

The reported losses include approximately $69,242 in DAI and $1.66 million in USDC, which were reportedly converted into 689.2 ETH and deposited into Tornado Cash, a set of Ethereum smart contracts designed to reduce the visible connection between deposits and later withdrawals.

No technical cause or official response is available from Notional Finance, which had not published a public incident report or confirmation through its official account when checked.