Decentralized lending platform Sturdy Finance suffered a serious security breach earlier today that cost it 442 Ethereum (ETH), worth about $800,000. An unidentified hacker launched the attack, taking advantage of the system’s reentrancy vulnerability to control a flawed price oracle and steal money. Essentially, price oracles play a crucial role in decentralized finance (DeFi) applications The post $800K lost following Sturdy Finance security breach appeared first on Invezz .
