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Flash Shield: StakeDAO Contract Exploited with Infinite Minting Bug, Attacker Cross-chain Assets to Ethereum

2026.05.27 18:35:24

On May 27, blockchain security firm PeckShield detected an anomaly in a StakeDAO-related smart contract on Arbitrum, leading to the minting of 5.4 trillion vsdCRV. The security team has classified this incident as a suspected infinite mint exploit. The attacker swapped some of the vsdCRV for approximately 43.781 ETH (about $91,000) and transferred those funds to Ethereum via a cross-chain bridge.
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