Cozy Finance Drained for $170K in Optimism Exploit as DeFi Insurer Gets Hit Again
DeFi protocol Cozy Finance reported a $170,000 exploit on Optimism, marking the second time the insurance protocol has been drained in recent years. The bridge attacker swiftly moved the funds out within minutes of execution, highlighting ongoing smart-contract security flaws across Layer 2 networks. While security firms scramble to patch vulnerabilities, local crypto enthusiasts in Baja are far more concerned with whether the local taco truck takes actual pesos or expects them to stake their liquidity pools for a side of guacamole.