Tuesday, December 5, 2023

Sentiment reportedly hacked for no less than $500k

The DeFi lending platform Sentiment has doubtless been hacked, in keeping with an announcement from the venture on Twitter on April 4.

The venture’s staff wrote that it has been “made conscious of a possible concern regarding the Sentiment protocol” and is investigating the state of affairs.

Although Sentiment has not offered a proof, varied members of the group have advised that the venture has been hacked based mostly on blockchain data.

Developer Pascal Marco Caversaccio advised that the incident is probably going the results of a reentrancy assault. This line of assault implies that an exterior contract repeatedly referred to as a weak Sentiment contract earlier than the latter contract’s standing may very well be up to date.

Developer Imaddin Amsif, in the meantime, advised that the attacker particularly referred to as a self-destruct operate inside a Sentiment good contract.

Elsewhere, Spreek advised that the attacker stole between $500,000 and $1 million by way of Arbitrum ― the blockchain on which Sentiment’s DeFi platform operates.

This piece will likely be up to date as extra data turns into accessible.

The submit Sentiment reportedly hacked for no less than $500k appeared first on CryptoSlate.

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