Notional Finance, a DeFi project, suffered a hack on September 4. The attacker exploited a vulnerability in an old V1 contract protocol.
A flaw in the contract's data conversion allowed artificially created debt to be displayed as zero during collateral checks.
This enabled the thief to withdraw approximately $69,000 worth of DAI and $1.66 million USDC.
The stolen assets were exchanged for about 689 ETH and sent to Tornado Cash.
More on Crypto
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
