QiDao: Suspicious Transactions Monitored by PeckShield Not Related to QiDao Contracts

QiDao, the stablecoin protocol on Polygon, tweeted that PeckShield monitored some suspicious transactions on QuickSwap and Market, but they are not related to the QiDao contracts and that funds on Mai Finance are safe and its team is monitoring the situation.

Previously, PeckSield monitored a suspected attack on QiDao and said that suspicious transactions related to QuickSwap, Market and QiDao were related to price manipulation. The miMATIC market uses CurvePoolOracle for price feed, which is manipulated to borrow funds from the market.

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Polygon

Stablecoins

DeFi

Security Incidents

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