[Fusion Old Version Vault Vulnerability Causes $336,000 Loss, DAO to Fully Compensate]
Fusion released a security update stating that the Arbitrum Vault of the IPOR USDC Fusion Optimizer had a vulnerability, resulting in a loss of $336,000 worth of USDC. The vulnerability only affected specific old versions of the Fusion Vault, accounting for less than 1% of Fusion's total collateral funds. IPOR DAO will cover the funding gap from the treasury, and affected depositors will receive full compensation. Fusion is working with Security Alliance to track and recover the funds.