This morning someone used reentrancy in the contract to get more bHOME than they should have and took some USDC. Most of the funds for the protocol were already safely lent out against homes. The hack is made possible due to a reentrancy bug in the lend() routine so that the hacker can get more lending credits via re-entering the lend() routine.
The issue was found quickly. The contract has been patched and is being reaudited.
The loss is estimated at $1M.
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