CoinsValue.net logo CoinsValue.net logo
Cryptopolitan 2023-06-12 05:49:21

Popular DeFi platform Sturdy Finance hacked losing $800,000

Sturdy Finance, a decentralized lending protocol, experienced a significant security breach today, resulting in a loss of 442 ether, equivalent to approximately $800,000. The attack was carried out by an unknown individual who exploited a reentrancy vulnerability within the system, enabling them to manipulate a faulty price oracle and siphon off funds. In decentralized finance ... Read more

Read the Disclaimer : Coinsvalue.net