BonqDAO revealed to its followers in a Feb. 1 post that its Bonq protocol was exposed to an oracle attack that allowed the exploiter to manipulate the price of the AllianceBlock (ALBT) token.
Just a day later, decentralized exchange Orion Protocol suffered a loss of roughly $3 million on Feb. 2 through a reentrancy attack, where attackers used a malicious smart contract to drain funds from a target with repeated withdrawal orders.
DeFi protocol dForce network was another February victim of a reentrancy attack resulting in losses of around $3.65 million.
DeFi protocol Platypus Finance suffered a flash loan attack resulting in $8.5 million being drained from the protocol.