Zentra Finance Hit by $143K Exploit on Citrea Network

DeFi protocol Zentra Finance has been hit by a security breach on its ctUSD reserve on the Citrea network, resulting in estimated losses of $143,000.

The attack occurred on September 9th at 12:59:37 UTC and was immediately identified by the technical team. Lending operations have since been paused while fund traceability efforts are completed and a review of the affected infrastructure is conducted.

The exploit focused exclusively on the contract managing the synthetic asset reserve, ctUSD, with no direct impact observed in other liquidity pools so far. Initial investigations concluded that the stolen capital was received by a specific wallet address, with the entity requesting the full return of resources to the treasury address.

Zentra Finance has offered a technical bug bounty subject to negotiation terms, and is giving the responsible party until September 14th at 12:00 UTC to respond. If no conciliation is reached by that date, the protocol will activate onchain forensic tracking mechanisms, technical coordination, and legal interventions.