November 18, 2020 Origin Protocol targeted in $7M attack.

DeFi protocol Origin was target in an attack this week that resulted in $7M worth of cryptoassets being drained from the protocol. The attacker breached the protocol’s Origin Dollar (OUSD) vault and took control of $6M in user-owned stablecoins, which are used to collateralize OUSD, in addition to $1M worth of stablecoins owned by founders and the Origin team. The stolen funds were then sold on Uniswap and SushiSwap for USDT.